Standalone site

Address locked, Strathfield

1 house today → about 20 homes as townhouses. About 1,500 m², 40 m frontage, zone R4.

Residual land valueA$15.0m

Likely ask (1 house)A$2.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$13.0m

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
TownhousesLow and Mid-Rise · FSR 2.20000005:1 · 32 m	20	2	3,000 m²	A$45.0m	A$15.0m	A$15.0m	A$13.0m	A$21.0m116% on cost · 47% on revenue
Cost stack Construction 3,000 m² at A$4,100/m²A$13.0m DemolitionA$45k Consultants, DA and certification (9%)A$1.2m Contributions (A$28,000 per new home)A$550k 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$2.0m instead leaves A$21.0m pre-tax on a total development cost of A$18.0m.
TerracesLow and Mid-Rise · FSR 2.20000005:1 · 32 m	6	2	1,000 m²	A$14.0m	A$5.0m	A$4.3m	A$2.3m	A$4.8m63% on cost · 35% on revenue
Cost stack Construction 1,000 m² at A$4,300/m²A$4.3m Basement parkingA$200k DemolitionA$45k Consultants, DA and certification (9%)A$400k Contributions (A$28,000 per new home)A$140k Contingency (5%)A$240k 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$2.0m instead leaves A$4.8m pre-tax on a total development cost of A$7.5m.
Apartments, up to 9 storeysLow and Mid-Rise (400 to 800 m) · FSR 2.20000005:1 · 32 m	30	9	3,000 m²	A$37.5m	A$22.0m	A$2.8m	A$750k	A$7.0m28% on cost · 19% 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$1.7m Contributions (A$28,000 per new home)A$850k Contingency (5%)A$1.0m 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$2.0m instead leaves A$7.0m pre-tax on a total development cost of A$25.0m.
Dual occupancyLow and Mid-Rise · FSR 2.20000005:1 · 32 m	2	2	500 m²	A$7.0m	A$2.3m	A$2.4m	A$400k	A$1.6m34% on cost · 23% 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$2.0m instead leaves A$1.6m pre-tax on a total development cost of A$4.8m.
Apartments, up to 12 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 41.6 m	40	12	4,000 m²	A$45.0m	A$27.5m	A$1.8m	-A$200k	A$8.0m25% on cost · 18% on revenue
Cost stack Construction 4,000 m² at A$5,500/m²A$23.0m Basement parkingA$1.4m DemolitionA$45k Consultants, DA and certification (9%)A$2.2m Contributions (A$28,000 per new home)A$1.1m Contingency (5%)A$1.3m 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$2.0m instead leaves A$8.0m pre-tax on a total development cost of A$32.5m. Includes 15% affordable housing at 65% of market.

Site facts

Site area: About 1,500 m² (40 m by 60 m)
Street frontage: About 40 m (measured against the road corridor)
Zone: R4 High Density Residential · Canada Bay Local Environmental Plan 2013
LEP controls: FSR 2.20000005:1 · height 32 m · minimum lot 450 m²
Nearest nominated centre: About 750 m to Homebush station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$1,800,000 at 1 July 2025, NSW Valuer General · from A$1,700,000 at 1 July 2021 (+5%)