| TerracesLow and Mid-Rise · FSR 0.7:1 · 31 m |
6 | 2 | 1,000 m² |
A$14.0m | A$5.0m | A$4.5m | -A$500k |
A$1.7m16% on cost · 12% on revenue |
Cost stack
- Construction 1,000 m² at A$4,300/m²A$4.0m
- Basement parkingA$200k
- DemolitionA$45k
- Consultants, DA and certification (9%)A$375k
- Contributions (A$28,000 per new home)A$140k
- Contingency (5%)A$230k
- 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$5.0m instead leaves A$1.7m pre-tax on a total development cost of A$11.0m.
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| TownhousesLow and Mid-Rise · FSR 0.7:1 · 31 m |
6 | 2 | 1,000 m² |
A$13.0m | A$4.8m | A$4.0m | -A$1.0m |
A$1.1m10% on cost · 9% on revenue |
Cost stack
- Construction 1,000 m² at A$4,100/m²A$4.0m
- DemolitionA$45k
- Consultants, DA and certification (9%)A$350k
- Contributions (A$28,000 per new home)A$140k
- Contingency (5%)A$210k
- 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$5.0m instead leaves A$1.1m pre-tax on a total development cost of A$11.0m.
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| Dual occupancyLow and Mid-Rise · FSR 0.65:1 · 31 m |
2 | 2 | 500 m² |
A$7.0m | A$2.3m | A$2.4m | -A$2.6m |
-A$1.5m-19% on cost · -22% on revenue |
Cost stack
- Construction 500 m² at A$3,700/m²A$1.9m
- DemolitionA$45k
- Consultants, DA and certification (9%)A$170k
- Contributions (A$28,000 per new home)A$28k
- Contingency (5%)A$100k
- 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$5.0m instead leaves -A$1.5m pre-tax on a total development cost of A$8.0m.
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| Apartments, up to 9 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.5:1 · 31 m |
20 | 9 | 2,000 m² |
A$23.0m | A$14.0m | A$1.8m | -A$3.2m |
-A$48k0% on cost · 0% on revenue |
Cost stack
- Construction 2,000 m² at A$5,500/m²A$11.0m
- Basement parkingA$700k
- DemolitionA$45k
- Consultants, DA and certification (9%)A$1.1m
- Contributions (A$28,000 per new home)A$550k
- Contingency (5%)A$650k
- 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$5.0m instead leaves -A$48k pre-tax on a total development cost of A$21.0m.
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| Apartments, up to 12 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 1.95:1 · 40.3 m |
25 | 12 | 2,500 m² |
A$30.0m | A$19.0m | A$1.2m | -A$3.8m |
A$750k3% on cost · 2% on revenue |
Cost stack
- Construction 2,500 m² at A$5,500/m²A$15.0m
- Basement parkingA$900k
- DemolitionA$45k
- Consultants, DA and certification (9%)A$1.4m
- Contributions (A$28,000 per new home)A$750k
- Contingency (5%)A$850k
- 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$5.0m instead leaves A$750k pre-tax on a total development cost of A$25.0m. Includes 15% affordable housing at 65% of market.
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