Development › Homebush › Site #1
Standalone site
Address locked, Homebush
1 house today → about 20 homes as townhouses. About 1,100 m², 23 m frontage, zone R4.
Residual land valueA$4.8m
Likely ask (1 house)A$2.8mFrom the 1 July 2025 land value x 1.15
HeadroomA$2.0m
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 |
|---|---|---|---|---|---|---|---|---|
| TownhousesLow and Mid-Rise · FSR 2.8:1 · 52 m | 20 | 2 | 3,000 m² | A$27.5m | A$15.0m | A$4.8m | A$2.0m | A$5.0m27% on cost · 19% on revenue |
Cost stack
| ||||||||
| Dual occupancyLow and Mid-Rise · FSR 2.8:1 · 52 m | 2 | 2 | 500 m² | A$4.5m | A$2.3m | A$900k | -A$1.9m | -A$1.4m-25% on cost · -31% on revenue |
Cost stack
| ||||||||
| TerracesLow and Mid-Rise · FSR 2.8:1 · 52 m | 3 | 2 | 500 m² | A$4.8m | A$2.5m | A$600k | -A$2.2m | -A$1.4m-24% on cost · -29% on revenue |
Cost stack
| ||||||||
| Apartments, up to 15 storeysLow and Mid-Rise (400 to 800 m) · FSR 2.8:1 · 52 m | 30 | 15 | 3,000 m² | A$30.0m | A$21.0m | A$55k | -A$2.7m | A$950k4% on cost · 3% on revenue |
Cost stack
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| Apartments, up to 20 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 3.64:1 · 67.6 m | 40 | 20 | 4,000 m² | A$37.5m | A$27.5m | -A$1.4m | -A$4.2m | A$550k2% on cost · 1% on revenue |
Cost stack
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Site facts
- Site area
- About 1,100 m² (23 m by 50 m)
- Street frontage
- About 23 m (measured against the road corridor)
- Zone
- R4 High Density Residential · Strathfield Local Environmental Plan 2012
- LEP controls
- FSR 2.8:1 · height 52 m · minimum lot not mapped
- Nearest nominated centre
- About 450 m to Homebush station (straight line) · 400 to 800 m from a nominated centre
- Land value
- About A$2,500,000 at 1 July 2025, NSW Valuer General · from A$1,700,000 at 1 July 2021 (+45%)
- Notes
- Holding of 2 parcels.
Neighbours
4 adjoining houses share a boundary with this site. Members see them.