| TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m |
4 | 2 | 600 m² |
A$6.5m | A$3.3m | A$1.0m | -A$200k |
A$950k20% on cost · 15% on revenue |
Cost stack
- Construction 600 m² at A$4,300/m²A$2.8m
- Basement parkingA$140k
- DemolitionA$45k
- Consultants, DA and certification (9%)A$250k
- Contributions (A$28,000 per new home)A$85k
- Contingency (5%)A$150k
- 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$1.2m instead leaves A$950k pre-tax on a total development cost of A$4.8m.
|
| TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m |
4 | 2 | 600 m² |
A$5.5m | A$3.0m | A$900k | -A$300k |
A$350k8% on cost · 7% on revenue |
Cost stack
- Construction 600 m² at A$4,100/m²A$2.5m
- DemolitionA$45k
- Consultants, DA and certification (9%)A$230k
- Contributions (A$28,000 per new home)A$85k
- Contingency (5%)A$140k
- 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$1.2m instead leaves A$350k pre-tax on a total development cost of A$4.5m.
|
| Dual occupancyLow and Mid-Rise · FSR 0.7:1 · 9.5 m |
2 | 2 | 500 m² |
A$4.5m | A$2.3m | A$900k | -A$300k |
A$230k6% on cost · 5% 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$1.2m instead leaves A$230k pre-tax on a total development cost of A$3.8m.
|
| Apartments, up to 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 22 m |
20 | 6 | 2,000 m² |
A$20.0m | A$13.0m | A$35k | -A$1.2m |
A$2.4m15% on cost · 12% on revenue |
Cost stack
- Construction 2,000 m² at A$5,500/m²A$11.0m
- Basement parkingA$650k
- DemolitionA$45k
- Consultants, DA and certification (9%)A$1.0m
- Contributions (A$28,000 per new home)A$500k
- 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$1.2m instead leaves A$2.4m pre-tax on a total development cost of A$15.0m.
|
| Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 28.6 m |
25 | 8 | 2,500 m² |
A$24.0m | A$17.0m | -A$900k | -A$2.1m |
A$1.6m8% on cost · 7% on revenue |
Cost stack
- Construction 2,500 m² at A$5,500/m²A$14.0m
- Basement parkingA$850k
- DemolitionA$45k
- Consultants, DA and certification (9%)A$1.3m
- Contributions (A$28,000 per new home)A$650k
- Contingency (5%)A$800k
- 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$1.2m instead leaves A$1.6m pre-tax on a total development cost of A$20.0m. Includes 15% affordable housing at 65% of market.
|