Standalone site

Address locked, Randwick

1 house today → about 15 homes as terraces. About 1,250 m², 120 m frontage, zone R3.

Residual land valueA$13.0m

Likely ask (1 house)A$10.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$3.0m

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
TerracesLow and Mid-Rise · FSR 1.8:1 · 19.5 m	15	2	2,250 m²	A$37.5m	A$13.0m	A$13.0m	A$3.0m	A$8.5m34% on cost · 23% on revenue
Cost stack Construction 2,250 m² at A$4,300/m²A$10.0m Basement parkingA$550k DemolitionA$45k Consultants, DA and certification (9%)A$950k Contributions (A$28,000 per new home)A$425k Contingency (5%)A$600k 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$10.0m instead leaves A$8.5m pre-tax on a total development cost of A$25.0m.
TownhousesLow and Mid-Rise · FSR 1.8:1 · 19.5 m	15	2	2,250 m²	A$32.5m	A$11.0m	A$11.0m	A$1.0m	A$6.5m27% on cost · 19% on revenue
Cost stack Construction 2,250 m² at A$4,100/m²A$9.5m DemolitionA$45k Consultants, DA and certification (9%)A$850k Contributions (A$28,000 per new home)A$400k 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$10.0m instead leaves A$6.5m pre-tax on a total development cost of A$23.0m.
Apartments, up to 7 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.34:1 · 25.4 m	30	7	3,000 m²	A$42.5m	A$21.0m	A$8.0m	-A$2.0m	A$4.3m13% on cost · 10% on revenue
Cost stack Construction 3,000 m² at A$5,500/m²A$17.0m Basement parkingA$1.1m DemolitionA$45k Consultants, DA and certification (9%)A$1.6m Contributions (A$28,000 per new home)A$850k Contingency (5%)A$950k 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$10.0m instead leaves A$4.3m pre-tax on a total development cost of A$35.0m. Includes 15% affordable housing at 65% of market.
Apartments, up to 5 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.8:1 · 19.5 m	25	5	2,250 m²	A$35.0m	A$16.0m	A$7.5m	-A$2.5m	A$3.3m11% on cost · 9% on revenue
Cost stack Construction 2,250 m² at A$5,500/m²A$13.0m Basement parkingA$800k DemolitionA$45k Consultants, DA and certification (9%)A$1.2m Contributions (A$28,000 per new home)A$600k Contingency (5%)A$750k 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$10.0m instead leaves A$3.3m pre-tax on a total development cost of A$27.5m.
Dual occupancyLow and Mid-Rise · FSR 1.8:1 · 19.5 m	2	2	500 m²	A$7.0m	A$2.3m	A$2.5m	-A$7.5m	-A$7.0m-51% on cost · -100% 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$10.0m instead leaves -A$7.0m pre-tax on a total development cost of A$14.0m.

Site facts

Site area: About 1,250 m² (25 m by 50 m)
Street frontage: About 120 m (measured against the road corridor)
Zone: R3 Medium Density Residential · Randwick Local Environmental Plan 2012
LEP controls: FSR 1.8:1 · height 19.5 m · minimum lot not mapped
Nearest nominated centre: About 500 m to Randwick town centre and light rail station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$9,000,000 at 1 July 2025, NSW Valuer General · from A$8,500,000 at 1 July 2024 (+5%)

Neighbours

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