Standalone site

Address locked, Randwick

1 house today → about 15 homes as terraces. About 3,000 m², 110 m frontage, zone R1.

Residual land valueA$12.0m

Likely ask (1 house)A$8.5mFrom the 1 July 2025 land value x 1.15

HeadroomA$3.5m

Claim this site

A$387 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.

This site 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
TerracesLow and Mid-Rise · FSR 0.7:1 · 21 m	15	2	2,000 m²	A$32.5m	A$11.0m	A$12.0m	A$3.5m	A$8.0m37% on cost · 24% on revenue
Cost stack Construction 2,000 m² at A$4,300/m²A$8.5m Basement parkingA$475k DemolitionA$45k Consultants, DA and certification (9%)A$800k Contributions (A$28,000 per new home)A$375k Contingency (5%)A$500k 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$8.5m instead leaves A$8.0m pre-tax on a total development cost of A$21.0m.
TownhousesLow and Mid-Rise · FSR 0.7:1 · 21 m	15	2	2,000 m²	A$27.5m	A$10.0m	A$9.5m	A$1.0m	A$4.5m22% on cost · 17% on revenue
Cost stack Construction 2,000 m² at A$4,100/m²A$8.0m DemolitionA$45k Consultants, DA and certification (9%)A$750k Contributions (A$28,000 per new home)A$325k Contingency (5%)A$450k 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$8.5m instead leaves A$4.5m pre-tax on a total development cost of A$20.0m.
Dual occupancyLow and Mid-Rise · FSR 0.65:1 · 21 m	2	2	500 m²	A$7.0m	A$2.3m	A$2.5m	-A$6.0m	-A$5.5m-44% on cost · -76% 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$8.5m instead leaves -A$5.5m pre-tax on a total development cost of A$12.0m.
Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 21 m	4	2	450 m²	A$6.5m	A$2.5m	A$1.9m	-A$6.6m	-A$6.0m-49% on cost · -93% on revenue
Cost stack Construction 450 m² at A$4,400/m²A$1.9m Basement parkingA$140k DemolitionA$45k Consultants, DA and certification (9%)A$190k Contributions (A$28,000 per new home)A$85k 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$8.5m instead leaves -A$6.0m pre-tax on a total development cost of A$12.0m.

Site facts

Site area: About 3,000 m² (50 m by 60 m)
Street frontage: About 110 m (measured against the road corridor)
Zone: R1 General Residential · Randwick Local Environmental Plan 2012
LEP controls: FSR 0.5:1 · height 21 m · minimum lot 400 m²
Nearest nominated centre: About 600 m to Randwick town centre and light rail station (straight line) · 400 to 800 m from a nominated centre
Heritage: Conservation area: Struggletown
Land value: About A$7,500,000 at 1 July 2025, NSW Valuer General · from A$6,000,000 at 1 July 2021 (+25%)
Notes: Heritage conservation area.

Neighbours

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

Amalgamation options

#3 · amalgamation 2 houses → 30 homes

Address locked, Randwick

Residual land valueA$23.0m

Likely askA$17.0m

HeadroomA$6.0m

6,000 m² · Terraces · R1 · address locked

Heritage conservation area