Build DesignSolutions Development

Development › North Strathfield › Site #9

Standalone site

Address locked, North Strathfield

1 house today → about 10 homes as townhouses. About 600 m², 15 m frontage, zone R4.

Residual land valueA$3.5m
Likely ask (1 house)A$2.3mFrom the 1 July 2025 land value x 1.15
HeadroomA$1.2m
Claimed

Claimed until 3 Feb 2027

Another member holds a claim on this site or a holding it is part of. It cannot be claimed again until then.

Pro members see the exact figures and the neighbours for this site. Go Pro for every site, or claim a single site from its page.

Every option the rules allow

OptionHomesStoreysGFARealisationCostsResidual land valueHeadroomProfit at likely ask
TownhousesLow and Mid-Rise · FSR 2.79999995:1 · 42 m 1021,750 m² A$17.0mA$8.0mA$3.5mA$1.2m A$4.0m35% on cost · 23% on revenue
Cost stack
  • Construction 1,750 m² at A$4,100/m²A$7.0m
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$600k
  • Contributions (A$28,000 per new home)A$275k
  • 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$2.3m instead leaves A$4.0m pre-tax on a total development cost of A$11.0m.
Dual occupancyLow and Mid-Rise · FSR 2.79999995:1 · 42 m 22500 m² A$5.0mA$2.3mA$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 12 storeysLow and Mid-Rise (400 to 800 m) · FSR 2.79999995:1 · 42 m 15121,750 m² A$18.0mA$12.0mA$475k-A$1.8m A$500k3% on cost · 3% 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$2.3m instead leaves A$500k pre-tax on a total development cost of A$16.0m.
Apartments, up to 16 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 3.64:1 · 54.6 m 20162,250 m² A$22.0mA$15.0m-A$210k-A$2.5m A$800k4% on cost · 4% on revenue
Cost stack
  • Construction 2,250 m² at A$5,500/m²A$12.0m
  • Basement parkingA$750k
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$1.1m
  • Contributions (A$28,000 per new home)A$600k
  • Contingency (5%)A$700k
  • 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$800k pre-tax on a total development cost of A$19.0m. Includes 15% affordable housing at 65% of market.

Site facts

Site area
About 600 m² (15 m by 40 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 2.79999995:1 · height 42 m · minimum lot 450 m²
Nearest nominated centre
About 450 m to Concord West 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$2,000,000 at 1 July 2022 (+0%)

Neighbours

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

Amalgamation options

#1 · amalgamation Claimed 3 houses → 85 homes

Address locked, North Strathfield

Residual land valueA$27.5m
Likely askA$11.0m
HeadroomA$16.5m

4,500 m² · Townhouses · R4 · address locked