Standalone site

Address locked, Croydon

1 house today → about 15 homes as apartments, up to 4 storeys. About 900 m², 15 m frontage, zone R3.

Residual land valueA$2.0m

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

HeadroomA$25k

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
Apartments, up to 4 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.5:1 · 17.5 m	15	4	1,250 m²	A$15.0m	A$8.0m	A$2.0m	A$25k	A$2.5m23% on cost · 17% on revenue
Cost stack Construction 1,250 m² at A$4,900/m²A$6.5m Basement parkingA$450k DemolitionA$45k Consultants, DA and certification (9%)A$600k Contributions (A$28,000 per new home)A$325k 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$2.0m instead leaves A$2.5m pre-tax on a total development cost of A$11.0m.
TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m	4	2	600 m²	A$6.0m	A$3.0m	A$1.2m	-A$800k	-A$38k-1% on cost · -1% on revenue
Cost stack Construction 600 m² at A$4,100/m²A$2.5m DemolitionA$45k Consultants, DA and certification (9%)A$220k Contributions (A$28,000 per new home)A$85k Contingency (5%)A$130k 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$38k pre-tax on a total development cost of A$5.5m.
Dual occupancyLow and Mid-Rise · FSR 0.65:1 · 9.5 m	2	2	500 m²	A$5.0m	A$2.3m	A$1.1m	-A$900k	-A$160k-3% on cost · -3% 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$160k pre-tax on a total development cost of A$4.8m.
Apartments, up to 6 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 1.95:1 · 22.8 m	15	6	1,750 m²	A$18.0m	A$12.0m	A$700k	-A$1.3m	A$850k6% on cost · 5% 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$2.0m instead leaves A$850k pre-tax on a total development cost of A$15.0m. Includes 15% affordable housing at 65% of market.

Site facts

Site area: About 900 m² (15 m by 60 m)
Street frontage: About 15 m (measured against the road corridor)
Zone: R3 Medium Density Residential · Burwood Local Environmental Plan 2012
LEP controls: FSR 0.55:1 · height 8.5 m · minimum lot 400 m²
Nearest nominated centre: About 800 m to Croydon station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$1,700,000 at 1 July 2025, NSW Valuer General · from A$1,500,000 at 1 July 2021 (+15%)

Neighbours

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