Address locked, Chatswood

3 houses today → about 15 homes as townhouses. About 1,250 m², 30 m frontage, zone R4.

Residual land valueA$12.0m

Likely ask (3 houses)A$6.5mFrom the land values x 1.15

HeadroomA$5.5m

Gain over buying separatelyA$2.5m

Claim this holding

A$387 inc GST · 3 months

A claim takes this holding off the market for every other member for 3 months and opens its address, lot outline, exact figures and neighbours to you.

This holding is A$387 because its best option clears a 40% margin on cost at the likely ask. Other sites are A$182. One claim credit claims any site.

Every option the rules allow

Option	Homes	Storeys	GFA	Realisation	Costs	Residual land value	Headroom	Profit at likely ask
TownhousesLow and Mid-Rise · FSR 2:1 · 18 m	15	2	2,500 m²	A$35.0m	A$13.0m	A$12.0m	A$5.5m	A$10.0m47% on cost · 29% on revenue
Cost stack Construction 2,500 m² at A$4,100/m²A$10.0m DemolitionA$140k Consultants, DA and certification (9%)A$950k Contributions (A$28,000 per new home)A$400k Contingency (5%)A$550k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$6.5m instead leaves A$10.0m pre-tax on a total development cost of A$21.0m.
Apartments, up to 7 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.6:1 · 23.4 m	35	7	3,500 m²	A$45.0m	A$23.0m	A$7.0m	A$500k	A$8.0m25% on cost · 18% on revenue
Cost stack Construction 3,500 m² at A$5,500/m²A$18.0m Basement parkingA$1.2m DemolitionA$140k Consultants, DA and certification (9%)A$1.8m Contributions (A$28,000 per new home)A$850k Contingency (5%)A$1.1m Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$6.5m instead leaves A$8.0m pre-tax on a total development cost of A$32.5m. Includes 15% affordable housing at 65% of market.
Apartments, up to 5 storeysLow and Mid-Rise (400 to 800 m) · FSR 2:1 · 18 m	25	5	2,500 m²	A$35.0m	A$18.0m	A$6.5m	A$220k	A$4.8m17% on cost · 13% on revenue
Cost stack Construction 2,500 m² at A$5,500/m²A$14.0m Basement parkingA$900k DemolitionA$140k Consultants, DA and certification (9%)A$1.3m Contributions (A$28,000 per new home)A$650k Contingency (5%)A$800k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$6.5m instead leaves A$4.8m pre-tax on a total development cost of A$27.5m.
TerracesLow and Mid-Rise · FSR 2:1 · 18 m	5	2	800 m²	A$12.0m	A$4.3m	A$3.5m	-A$3.0m	-A$800k-7% on cost · -7% on revenue
Cost stack Construction 800 m² at A$4,300/m²A$3.5m Basement parkingA$170k DemolitionA$140k Consultants, DA and certification (9%)A$325k Contributions (A$28,000 per new home)A$55k Contingency (5%)A$200k Then selling costs 3%, GST on the margin, finance 7.5%, stamp duty 5.5% and a 20% developer margin solve for the land. Buying at the likely ask of A$6.5m instead leaves -A$800k pre-tax on a total development cost of A$12.0m.

Site facts

Houses: House, 400 m² House, 300 m² House, 600 m²
Site area: About 1,250 m²
Street frontage: About 30 m (measured against the road corridor)
Zone: R4
Nearest nominated centre: About 550 m (straight line) · 400 to 800 m from a nominated centre
Land value: About A$5,500,000 at 1 July 2025, NSW Valuer General (the houses together)