Standalone site

Address locked, Double Bay

1 house today → about 20 homes as apartments, up to 8 storeys + bonus. About 700 m², 60 m frontage, zone R3.

Residual land valueA$14.0m

Likely ask (1 house)A$8.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$6.0m

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
Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 28.6 m	20	8	2,000 m²	A$40.0m	A$14.0m	A$14.0m	A$6.0m	A$12.0m49% on cost · 29% 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$8.0m instead leaves A$12.0m pre-tax on a total development cost of A$24.0m. Includes 15% affordable housing at 65% of market.
Apartments, up to 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 22 m	15	6	1,500 m²	A$32.5m	A$11.0m	A$12.0m	A$4.0m	A$8.5m40% on cost · 26% on revenue
Cost stack Construction 1,500 m² at A$5,500/m²A$8.5m Basement parkingA$550k DemolitionA$45k Consultants, DA and certification (9%)A$800k Contributions (A$28,000 per new home)A$425k 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$8.0m instead leaves A$8.5m pre-tax on a total development cost of A$21.0m.
TerracesLow and Mid-Rise · FSR 1:1 · 10.5 m	5	2	700 m²	A$20.0m	A$3.8m	A$10.0m	A$2.0m	A$5.0m40% on cost · 26% on revenue
Cost stack Construction 700 m² at A$4,300/m²A$3.0m Basement parkingA$170k DemolitionA$45k Consultants, DA and certification (9%)A$300k Contributions (A$28,000 per new home)A$110k Contingency (5%)A$180k 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$8.0m instead leaves A$5.0m pre-tax on a total development cost of A$13.0m.
TownhousesLow and Mid-Rise · FSR 1:1 · 10.5 m	4	2	700 m²	A$15.0m	A$3.3m	A$7.0m	-A$1.0m	A$1.3m11% on cost · 9% on revenue
Cost stack Construction 700 m² at A$4,100/m²A$2.8m DemolitionA$45k Consultants, DA and certification (9%)A$240k Contributions (A$28,000 per new home)A$85k Contingency (5%)A$150k 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$8.0m instead leaves A$1.3m pre-tax on a total development cost of A$13.0m.
Dual occupancyLow and Mid-Rise · FSR 1:1 · 10.5 m	2	2	500 m²	A$12.0m	A$2.3m	A$6.0m	-A$2.0m	-A$275k-2% on cost · -2% 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$8.0m instead leaves -A$275k pre-tax on a total development cost of A$12.0m.

Site facts

Site area: About 700 m² (20 m by 50 m)
Street frontage: About 60 m (measured against the road corridor)
Zone: R3 Medium Density Residential · Woollahra Local Environmental Plan 2014
LEP controls: FSR 1:1 · height 10.5 m · minimum lot 700 m²
Nearest nominated centre: About 150 m to Double Bay town centre (straight line) · Within 400 m of a nominated centre
Land value: About A$7,000,000 at 1 July 2025, NSW Valuer General · from A$4,500,000 at 1 July 2021 (+55%)
Notes: Holding of 2 parcels. DA on record.
Latest DA: A development application is on record for this site. The member who claims it sees the application.

Neighbours

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

Amalgamation options

#15 · amalgamation 3 houses → 40 homes

Address locked, Double Bay

Residual land valueA$25.0m

Likely askA$16.0m

HeadroomA$9.0m

1,250 m² · Apartments, up to 8 storeys + bonus · R3 · address locked

DA on a house (Under Assessment)DA on a house (Determined)