Address locked, Strathfield

3 houses today → about 10 homes as terraces. About 800 m², 60 m frontage, zone R1.

Residual land valueA$8.0m

Likely ask (3 houses)A$5.0mFrom the land values x 1.15

HeadroomA$3.0m

Gain over buying separatelyA$2.8m

Claim this holding

A$387 inc GST · 3 months

A claim takes this holding off the market for every other member for 3 months and opens its address, lot outline, exact figures and neighbours to you.

This holding 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
TerracesLow and Mid-Rise · FSR 2:1 · 14 m	10	2	1,500 m²	A$23.0m	A$8.0m	A$8.0m	A$3.0m	A$6.5m45% on cost · 28% on revenue
Cost stack Construction 1,500 m² at A$4,300/m²A$6.5m Basement parkingA$350k DemolitionA$140k Consultants, DA and certification (9%)A$600k Contributions (A$28,000 per new home)A$200k 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$5.0m instead leaves A$6.5m pre-tax on a total development cost of A$14.0m.
TownhousesLow and Mid-Rise · FSR 2:1 · 14 m	10	2	1,500 m²	A$21.0m	A$7.5m	A$7.0m	A$2.0m	A$5.0m38% on cost · 25% on revenue
Cost stack Construction 1,500 m² at A$4,100/m²A$6.0m DemolitionA$140k Consultants, DA and certification (9%)A$550k 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$5.0m instead leaves A$5.0m pre-tax on a total development cost of A$14.0m.
Apartments, up to 4 storeys (LEP controls)Local Environmental Plan · FSR 2:1 · 14 m	15	4	1,500 m²	A$17.0m	A$9.5m	A$2.3m	-A$2.7m	-A$475k-3% on cost · -3% on revenue
Cost stack Construction 1,500 m² at A$4,900/m²A$7.5m Basement parkingA$500k DemolitionA$140k Consultants, DA and certification (9%)A$700k Contributions (A$28,000 per new home)A$325k Contingency (5%)A$425k 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$5.0m instead leaves -A$475k pre-tax on a total development cost of A$16.0m.
Manor house (4 flats)Low and Mid-Rise · FSR 2:1 · 14 m	4	2	450 m²	A$5.0m	A$2.5m	A$900k	-A$4.1m	-A$3.5m-42% on cost · -70% on revenue
Cost stack Construction 450 m² at A$4,400/m²A$1.9m Basement parkingA$140k DemolitionA$140k Consultants, DA and certification (9%)A$190k Contributions (A$28,000 per new home)A$28k Contingency (5%)A$110k 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$5.0m instead leaves -A$3.5m pre-tax on a total development cost of A$8.5m.

Site facts

Houses: House, 225 m² House, 300 m² House, 225 m²
Site area: About 800 m²
Street frontage: About 60 m (measured against the road corridor)
Zone: R1
Nearest nominated centre: About 500 m (straight line) · 400 to 800 m from a nominated centre
Land value: About A$4,500,000 at 1 July 2025, NSW Valuer General (the houses together)