Not viable as a standalone site

Address locked, Artarmon

1 house today → 2 homes as dual occupancy. About 450 m², 15 m frontage, zone R3.

Residual land valueA$1.5m

Likely ask (1 house)A$1.7mFrom the 1 July 2025 land value x 1.15

Headroom-A$200k

Pro members see the exact figures and the neighbours for this site. Go Pro for every site, or claim a single site from its page.

Every option the rules allow

Option	Homes	Storeys	GFA	Realisation	Costs	Residual land value	Headroom	Profit at likely ask
Dual occupancyLow and Mid-Rise · FSR 0.69999999:1 · 9.5 m	2	2	300 m²	A$4.3m	A$1.4m	A$1.5m	-A$200k	A$450k13% on cost · 11% on revenue
Cost stack Construction 300 m² at A$3,700/m²A$1.2m DemolitionA$45k Consultants, DA and certification (9%)A$110k Contributions (A$28,000 per new home)A$28k Contingency (5%)A$65k 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$1.7m instead leaves A$450k pre-tax on a total development cost of A$3.5m.

Site area: About 450 m² (12 m by 40 m)
Street frontage: About 15 m (measured against the road corridor)
Zone: R3 Medium Density Residential · Willoughby Local Environmental Plan 2012
LEP controls: FSR 0.69999999:1 · height 9 m · minimum lot not mapped
Nearest nominated centre: About 600 m to Artarmon station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$1,500,000 at 1 July 2025, NSW Valuer General · from A$1,300,000 at 1 July 2021 (+15%)

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

#3 · amalgamation 2 houses → 20 homes

Residual land valueA$5.0m

Likely askA$4.8m

HeadroomA$250k

1,250 m² · Apartments, up to 4 storeys · R3 · address locked