Standalone site

Address locked, Strathfield

1 house today → 8 homes as townhouses. About 900 m², 15 m frontage, zone R3.

Residual land valueA$5.5m

Likely ask (1 house)A$4.5mFrom the 1 July 2025 land value x 1.15

HeadroomA$1.0m

Claim this site

A$182 inc GST · 3 months

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

Sites whose best option clears a 40% margin on cost at the likely ask are A$387. 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 1.45:1 · 14 m	8	2	1,250 m²	A$17.0m	A$6.0m	A$5.5m	A$1.0m	A$3.8m33% on cost · 22% on revenue
Cost stack Construction 1,250 m² at A$4,100/m²A$5.0m DemolitionA$45k Consultants, DA and certification (9%)A$475k Contributions (A$28,000 per new home)A$200k Contingency (5%)A$275k 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$4.5m instead leaves A$3.8m pre-tax on a total development cost of A$12.0m.
Dual occupancyLow and Mid-Rise · FSR 1.45:1 · 14 m	2	2	500 m²	A$7.0m	A$2.3m	A$2.4m	-A$2.1m	-A$1.0m-13% on cost · -14% 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$4.5m instead leaves -A$1.0m pre-tax on a total development cost of A$7.5m.
Apartments, up to 4 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.5:1 · 17.5 m	15	4	1,250 m²	A$15.0m	A$8.0m	A$2.0m	-A$2.5m	-A$110k-1% on cost · -1% on revenue
Cost stack Construction 1,250 m² at A$4,900/m²A$6.5m Basement parkingA$450k DemolitionA$45k Consultants, DA and certification (9%)A$600k Contributions (A$28,000 per new home)A$325k Contingency (5%)A$375k 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$4.5m instead leaves -A$110k pre-tax on a total development cost of A$14.0m.
Apartments, up to 6 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 1.95:1 · 22.8 m	15	6	1,750 m²	A$18.0m	A$12.0m	A$750k	-A$3.8m	-A$1.8m-10% on cost · -10% on revenue
Cost stack Construction 1,750 m² at A$5,500/m²A$9.5m Basement parkingA$600k DemolitionA$45k Consultants, DA and certification (9%)A$900k Contributions (A$28,000 per new home)A$450k 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$4.5m instead leaves -A$1.8m pre-tax on a total development cost of A$18.0m. Includes 15% affordable housing at 65% of market.

Site facts

Site area: About 900 m² (15 m by 60 m)
Street frontage: About 15 m (measured against the road corridor)
Zone: R3 Medium Density Residential · Strathfield Local Environmental Plan 2012
LEP controls: FSR 1.45:1 · height 14 m · minimum lot 1,000 m²
Nearest nominated centre: About 550 m to Homebush station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$3,750,000 at 1 July 2025, NSW Valuer General · from A$3,750,000 at 1 July 2021 (+0%)

Neighbours

1 adjoining houses share a boundary with this site. Members see them.

Amalgamation options

#7 · amalgamation 2 houses → 25 homes

Address locked, Strathfield

Residual land valueA$18.0m

Likely askA$12.0m

HeadroomA$6.0m

2,500 m² · Townhouses · R3 · address locked