Standalone site

Address locked, Marrickville

1 house today → about 20 homes as apartments, up to 8 storeys (tod) + bonus. About 600 m², 23 m frontage, zone R2.

Residual land valueA$2.3m

Likely ask (1 house)A$2.1mFrom the 1 July 2025 land value x 1.15

HeadroomA$200k

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 8 storeys (TOD) + affordable housing bonusTransport Oriented Development + Chapter 2 bonus · FSR 3.25:1 · 28.6 m	20	8	1,750 m²	A$22.0m	A$13.0m	A$2.3m	A$200k	A$3.3m19% on cost · 14% on revenue
Cost stack Construction 1,750 m² at A$5,500/m²A$10.0m Basement parkingA$600k DemolitionA$45k Consultants, DA and certification (9%)A$950k Contributions (A$28,000 per new home)A$475k Contingency (5%)A$600k 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$2.1m instead leaves A$3.3m pre-tax on a total development cost of A$16.0m. Includes 15% affordable housing at 65% of market.
Apartments, up to 6 storeys (TOD)Transport Oriented Development · FSR 2.5:1 · 22 m	15	6	1,500 m²	A$17.0m	A$9.5m	A$2.1m	A$10k	A$2.5m20% on cost · 15% on revenue
Cost stack Construction 1,500 m² at A$5,500/m²A$7.5m Basement parkingA$475k DemolitionA$45k Consultants, DA and certification (9%)A$750k Contributions (A$28,000 per new home)A$375k Contingency (5%)A$450k 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$2.1m instead leaves A$2.5m pre-tax on a total development cost of A$13.0m.
Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m	2	2	350 m²	A$3.0m	A$1.6m	A$450k	-A$1.7m	-A$1.3m-31% on cost · -42% on revenue
Cost stack Construction 350 m² at A$3,700/m²A$1.3m DemolitionA$45k Consultants, DA and certification (9%)A$120k Contributions (A$28,000 per new home)A$28k Contingency (5%)A$75k 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$2.1m instead leaves -A$1.3m pre-tax on a total development cost of A$4.0m.

Site facts

Site area: About 600 m² (20 m by 35 m)
Street frontage: About 23 m (measured against the road corridor)
Zone: R2 Low Density Residential · Inner West Local Environmental Plan 2022
LEP controls: FSR 0.6:1 · height 9.5 m · minimum lot not mapped
Nearest nominated centre: About 1,000 m to Marrickville station (straight line) · Transport Oriented Development area
Heritage: Conservation area: South Dulwich Hill Heritage Conservation Area
Land value: About A$1,800,000 at 1 July 2025, NSW Valuer General · from A$1,500,000 at 1 July 2021 (+20%)
Notes: Heritage conservation area. Transport Oriented Development area (Dulwich Hill). DA on record.
Latest DA: A development application is on record for this site. The member who claims it sees the application.

Neighbours

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

Amalgamation options

#6 · amalgamation 2 houses → 35 homes

Address locked, Marrickville

Residual land valueA$4.5m

Likely askA$4.0m

HeadroomA$500k

1,100 m² · Apartments, up to 8 storeys (TOD) + bonus · R2 · address locked

Heritage conservation areaTransport Oriented Development areaDA on a house (Determined)