Address locked, Chatswood

3 houses today → about 15 homes as townhouses. About 3,500 m², 50 m frontage, zone R2.

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$2.2m

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 0.7:1 · 9.5 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$11.0m 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.
TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m	8	2	1,250 m²	A$18.0m	A$7.0m	A$6.0m	-A$500k	A$1.5m10% on cost · 8% on revenue
Cost stack Construction 1,250 m² at A$4,300/m²A$5.5m Basement parkingA$275k DemolitionA$140k Consultants, DA and certification (9%)A$500k Contributions (A$28,000 per new home)A$140k Contingency (5%)A$325k 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$1.5m pre-tax on a total development cost of A$15.0m.
Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m	4	2	450 m²	A$6.0m	A$2.5m	A$1.7m	-A$4.8m	-A$4.3m-42% on cost · -71% on revenue
Cost stack Construction 450 m² at A$4,400/m²A$1.9m Basement parkingA$140k DemolitionA$140k Consultants, DA and certification (9%)A$190k Contributions (A$28,000 per new home)A$28k Contingency (5%)A$110k 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$4.3m pre-tax on a total development cost of A$10.0m.

Site facts

Houses: House, 900 m² House, 1,750 m² House, 1,000 m²
Site area: About 3,500 m²
Street frontage: About 50 m (measured against the road corridor)
Zone: R2
Nearest nominated centre: About 400 m (straight line) · Within 400 m of a nominated centre
Land value: About A$6,000,000 at 1 July 2025, NSW Valuer General (the houses together)