Address locked, North Strathfield

1 house today → about 15 homes as townhouses. About 600 m², 15 m frontage, zone R4.

Residual land valueA$4.0m

Likely ask (1 house)A$2.3mFrom the 1 July 2025 land value x 1.15

HeadroomA$1.7m

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 3.20000005:1 · 52 m	15	2	2,000 m²	A$20.0m	A$10.0m	A$4.0m	A$1.7m	A$4.5m33% on cost · 22% on revenue
Cost stack Construction 2,000 m² at A$4,100/m²A$8.5m 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$2.3m instead leaves A$4.5m pre-tax on a total development cost of A$13.0m.
Dual occupancyLow and Mid-Rise · FSR 3.20000005:1 · 52 m	2	2	500 m²	A$5.0m	A$2.3m	A$1.2m	-A$1.1m	-A$475k-9% on cost · -10% 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$2.3m instead leaves -A$475k pre-tax on a total development cost of A$5.0m.
Apartments, up to 15 storeysLow and Mid-Rise (400 to 800 m) · FSR 3.20000005:1 · 52 m	20	15	2,000 m²	A$22.0m	A$14.0m	A$600k	-A$1.7m	A$1.9m11% on cost · 9% 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$2.3m instead leaves A$1.9m pre-tax on a total development cost of A$18.0m.
Apartments, up to 20 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 4.16:1 · 67.6 m	25	20	2,500 m²	A$27.5m	A$18.0m	-A$220k	-A$2.5m	A$2.4m11% on cost · 9% on revenue
Cost stack Construction 2,500 m² at A$5,500/m²A$14.0m Basement parkingA$900k DemolitionA$45k Consultants, DA and certification (9%)A$1.4m Contributions (A$28,000 per new home)A$700k 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$2.3m instead leaves A$2.4m pre-tax on a total development cost of A$22.0m. Includes 15% affordable housing at 65% of market.

Site facts

Site area: About 600 m² (15 m by 45 m)
Street frontage: About 15 m (measured against the road corridor)
Zone: R4 High Density Residential · Canada Bay Local Environmental Plan 2013
LEP controls: FSR 3.20000005:1 · height 52 m · minimum lot 450 m²
Nearest nominated centre: About 700 m to North Strathfield station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$2,000,000 at 1 July 2025, NSW Valuer General · from A$1,700,000 at 1 July 2021 (+20%)

Neighbours

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

Amalgamation options

#5 · amalgamation 2 houses → 25 homes

Address locked, North Strathfield

Residual land valueA$9.0m

Likely askA$4.5m

HeadroomA$4.5m

1,250 m² · Townhouses · R4 · address locked