Standalone site

Address locked, Strathfield

1 house today → 2 homes as dual occupancy. About 800 m², 23 m frontage, zone R4.

Residual land valueA$2.3m

Likely ask (1 house)A$2.3mFrom the 1 July 2025 land value x 1.15

HeadroomA$10k

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
Dual occupancyLow and Mid-Rise · FSR 0.65:1 · 17 m	2	2	500 m²	A$6.5m	A$2.2m	A$2.3m	A$10k	A$950k19% on cost · 15% 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$2.3m instead leaves A$950k pre-tax on a total development cost of A$5.0m.
TerracesLow and Mid-Rise · FSR 0.7:1 · 17 m	3	2	500 m²	A$7.0m	A$2.5m	A$2.2m	-A$100k	A$1.1m20% on cost · 15% on revenue
Cost stack Construction 500 m² at A$4,300/m²A$2.1m Basement parkingA$100k DemolitionA$45k Consultants, DA and certification (9%)A$200k Contributions (A$28,000 per new home)A$55k Contingency (5%)A$120k 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$2.3m instead leaves A$1.1m pre-tax on a total development cost of A$5.5m.
TownhousesLow and Mid-Rise · FSR 0.7:1 · 17 m	3	2	500 m²	A$6.5m	A$2.4m	A$1.9m	-A$400k	A$750k14% on cost · 11% on revenue
Cost stack Construction 500 m² at A$4,100/m²A$2.0m DemolitionA$45k Consultants, DA and certification (9%)A$180k Contributions (A$28,000 per new home)A$55k 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$2.3m instead leaves A$750k pre-tax on a total development cost of A$5.0m.
Apartments, up to 4 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.5:1 · 17.5 m	10	4	1,200 m²	A$13.0m	A$7.5m	A$1.8m	-A$500k	A$950k9% on cost · 7% on revenue
Cost stack Construction 1,200 m² at A$4,900/m²A$5.5m Basement parkingA$375k DemolitionA$45k Consultants, DA and certification (9%)A$550k Contributions (A$28,000 per new home)A$275k 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$2.3m instead leaves A$950k pre-tax on a total development cost of A$11.0m.
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	1,500 m²	A$16.0m	A$11.0m	A$700k	-A$1.6m	-A$160k-1% on cost · -1% on revenue
Cost stack Construction 1,500 m² at A$5,500/m²A$8.5m Basement parkingA$500k DemolitionA$45k Consultants, DA and certification (9%)A$800k Contributions (A$28,000 per new home)A$400k Contingency (5%)A$475k 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$2.3m instead leaves -A$160k pre-tax on a total development cost of A$14.0m. Includes 15% affordable housing at 65% of market.

Site facts

Site area: About 800 m² (23 m by 35 m)
Street frontage: About 23 m (measured against the road corridor)
Zone: R4 High Density Residential · Canada Bay Local Environmental Plan 2013
LEP controls: FSR not mapped · height 17 m · minimum lot 450 m²
Nearest nominated centre: About 750 m to Homebush station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$2,000,000 at 1 July 2025, NSW Valuer General · from A$2,200,000 at 1 July 2021 (-10%)
Notes: Holding of 2 parcels.

Neighbours

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

Amalgamation options

#10 · amalgamation 3 houses → 10 homes

Address locked, Strathfield

Residual land valueA$10.0m

Likely askA$8.0m

HeadroomA$2.0m

2,500 m² · Terraces · R4 · address locked