Address locked, North Strathfield

1 house today → 8 homes as terraces. About 600 m², 50 m frontage, zone R4.

Residual land valueA$2.4m

Likely ask (1 house)A$2.4mFrom the 1 July 2025 land value x 1.15

HeadroomA$45k

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 2.79999995:1 · 42 m	8	2	1,250 m²	A$14.0m	A$7.0m	A$2.4m	A$45k	A$2.3m22% on cost · 16% on revenue
Cost stack Construction 1,250 m² at A$4,300/m²A$5.5m Basement parkingA$275k DemolitionA$45k Consultants, DA and certification (9%)A$500k Contributions (A$28,000 per new home)A$200k Contingency (5%)A$325k 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$2.4m instead leaves A$2.3m pre-tax on a total development cost of A$10.0m.
Dual occupancyLow and Mid-Rise · FSR 2.79999995:1 · 42 m	2	2	500 m²	A$5.0m	A$2.3m	A$1.2m	-A$1.2m	-A$600k-11% on cost · -12% 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$2.4m instead leaves -A$600k 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	15	12	1,750 m²	A$18.0m	A$12.0m	A$475k	-A$1.9m	A$425k3% on cost · 2% on revenue
Cost stack Construction 1,750 m² at A$5,500/m²A$9.0m 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$2.4m instead leaves A$425k 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	20	16	2,250 m²	A$22.0m	A$15.0m	-A$210k	-A$2.6m	A$700k4% on cost · 3% 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$2.4m instead leaves A$700k 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 50 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 500 m to Concord West station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$2,100,000 at 1 July 2025, NSW Valuer General · from A$2,100,000 at 1 July 2022 (+0%)

Neighbours

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

Amalgamation options

#32 · amalgamation 2 houses → 20 homes

Address locked, North Strathfield

Residual land valueA$7.0m

Likely askA$4.8m

HeadroomA$2.3m

1,200 m² · Townhouses · R4 · address locked