Address locked, Burwood

2 houses today → about 15 homes as townhouses. About 700 m², 18 m frontage, zone R1.

Residual land valueA$5.0m

Likely ask (2 houses)A$4.3mFrom the land values x 1.15

HeadroomA$750k

Gain over buying separatelyA$800k

Claim this holding

A$182 inc GST · 3 months

A claim takes this holding 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 3:1 · 26 m	15	2	2,000 m²	A$23.0m	A$10.0m	A$5.0m	A$750k	A$5.0m32% on cost · 22% on revenue
Cost stack Construction 2,000 m² at A$4,100/m²A$8.5m DemolitionA$90k Consultants, DA and certification (9%)A$800k Contributions (A$28,000 per new home)A$325k 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$4.3m instead leaves A$5.0m pre-tax on a total development cost of A$16.0m.
Apartments, up to 7 storeys (LEP controls)Local Environmental Plan · FSR 3:1 · 26 m	20	7	2,000 m²	A$25.0m	A$15.0m	A$2.4m	-A$1.9m	A$1.4m7% on cost · 6% on revenue
Cost stack Construction 2,000 m² at A$5,500/m²A$12.0m Basement parkingA$700k DemolitionA$90k Consultants, DA and certification (9%)A$1.1m Contributions (A$28,000 per new home)A$550k Contingency (5%)A$650k 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$4.3m instead leaves A$1.4m pre-tax on a total development cost of A$21.0m.
Manor house (4 flats)Low and Mid-Rise · FSR 3:1 · 26 m	4	2	450 m²	A$5.0m	A$2.5m	A$1.1m	-A$3.2m	-A$2.8m-36% on cost · -55% on revenue
Cost stack Construction 450 m² at A$4,400/m²A$1.9m Basement parkingA$140k DemolitionA$90k Consultants, DA and certification (9%)A$190k 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$4.3m instead leaves -A$2.8m pre-tax on a total development cost of A$7.5m.

Site facts

Houses: House, 450 m² House, 250 m²
Site area: About 700 m²
Street frontage: About 18 m (measured against the road corridor)
Zone: R1
Nearest nominated centre: About 100 m (straight line) · Within 400 m of a nominated centre
Land value: About A$3,750,000 at 1 July 2025, NSW Valuer General (the houses together)
Notes: DA on a house (Determined).