Standalone site

Address locked, Double Bay

1 house today → about 50 homes as apartments, up to 6 storeys + bonus. About 2,500 m², 100 m frontage, zone R3.

Residual land valueA$35.0m

Likely ask (1 house)A$21.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$14.0m

Claim this site

A$387 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.

This site is A$387 because its best option clears a 40% margin on cost at the likely ask. Other sites are A$182. 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 6 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 1.95:1 · 22.8 m	50	6	5,000 m²	A$100m	A$35.0m	A$35.0m	A$14.0m	A$27.5m46% on cost · 28% on revenue
Cost stack Construction 5,000 m² at A$5,500/m²A$27.5m Basement parkingA$1.8m DemolitionA$45k Consultants, DA and certification (9%)A$2.8m Contributions (A$28,000 per new home)A$1.4m Contingency (5%)A$1.6m 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$21.0m instead leaves A$27.5m pre-tax on a total development cost of A$60.0m. Includes 15% affordable housing at 65% of market.
Apartments, up to 4 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.5:1 · 17.5 m	40	4	4,000 m²	A$85.0m	A$25.0m	A$32.5m	A$11.5m	A$25.0m51% on cost · 31% on revenue
Cost stack Construction 4,000 m² at A$4,900/m²A$19.0m Basement parkingA$1.4m DemolitionA$45k Consultants, DA and certification (9%)A$1.9m Contributions (A$28,000 per new home)A$1.1m Contingency (5%)A$1.1m 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$21.0m instead leaves A$25.0m pre-tax on a total development cost of A$50.0m.
TerracesLow and Mid-Rise · FSR 0.75:1 · 9.5 m	15	2	2,000 m²	A$55.0m	A$11.0m	A$27.5m	A$6.5m	A$15.0m41% on cost · 27% on revenue
Cost stack Construction 2,000 m² at A$4,300/m²A$8.5m Basement parkingA$475k DemolitionA$45k Consultants, DA and certification (9%)A$800k Contributions (A$28,000 per new home)A$375k Contingency (5%)A$500k 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$21.0m instead leaves A$15.0m pre-tax on a total development cost of A$35.0m.
TownhousesLow and Mid-Rise · FSR 0.75:1 · 9.5 m	15	2	2,000 m²	A$47.5m	A$9.5m	A$24.0m	A$3.0m	A$9.5m28% on cost · 20% on revenue
Cost stack Construction 2,000 m² at A$4,100/m²A$8.0m DemolitionA$45k Consultants, DA and certification (9%)A$750k Contributions (A$28,000 per new home)A$325k 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$21.0m instead leaves A$9.5m pre-tax on a total development cost of A$35.0m.
Dual occupancyLow and Mid-Rise · FSR 0.75:1 · 9.5 m	2	2	500 m²	A$12.0m	A$2.3m	A$6.0m	-A$15.0m	-A$15.0m-56% on cost · -122% 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$21.0m instead leaves -A$15.0m pre-tax on a total development cost of A$27.5m.

Site facts

Site area: About 2,500 m² (60 m by 60 m)
Street frontage: About 100 m (measured against the road corridor)
Zone: R3 Medium Density Residential · Woollahra Local Environmental Plan 2014
LEP controls: FSR 0.75:1 · height 9.5 m · minimum lot 700 m²
Nearest nominated centre: About 550 m to Double Bay town centre (straight line) · 400 to 800 m from a nominated centre
Land value: About A$18,000,000 at 1 July 2025, NSW Valuer General · from A$12,000,000 at 1 July 2021 (+50%)

Neighbours

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