Standalone site

Address locked, Strathfield

1 house today → about 15 homes as townhouses. About 1,750 m², 30 m frontage, zone R3.

Residual land valueA$12.0m

Likely ask (1 house)A$7.5mFrom the 1 July 2025 land value x 1.15

HeadroomA$4.5m

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
TownhousesLow and Mid-Rise · FSR 1.45:1 · 14 m	15	2	2,500 m²	A$35.0m	A$13.0m	A$12.0m	A$4.5m	A$9.0m40% on cost · 26% on revenue
Cost stack Construction 2,500 m² at A$4,100/m²A$11.0m DemolitionA$45k Consultants, DA and certification (9%)A$1.0m Contributions (A$28,000 per new home)A$450k 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$7.5m instead leaves A$9.0m pre-tax on a total development cost of A$22.0m.
Apartments, up to 4 storeysLow and Mid-Rise (400 to 800 m) · FSR 1.5:1 · 17.5 m	30	4	3,000 m²	A$32.5m	A$17.0m	A$4.3m	-A$3.3m	A$2.5m9% on cost · 8% on revenue
Cost stack Construction 3,000 m² at A$4,900/m²A$13.0m Basement parkingA$950k DemolitionA$45k Consultants, DA and certification (9%)A$1.3m Contributions (A$28,000 per new home)A$750k 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$7.5m instead leaves A$2.5m pre-tax on a total development cost of A$27.5m.
TerracesLow and Mid-Rise · FSR 1.45:1 · 14 m	4	2	600 m²	A$9.0m	A$3.5m	A$3.0m	-A$4.5m	-A$3.8m-30% on cost · -41% 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$160k 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$7.5m instead leaves -A$3.8m pre-tax on a total development cost of A$12.0m.
Dual occupancyLow and Mid-Rise · FSR 1.45:1 · 14 m	2	2	500 m²	A$7.0m	A$2.3m	A$2.4m	-A$5.1m	-A$4.3m-38% on cost · -60% 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$7.5m instead leaves -A$4.3m 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	35	6	3,500 m²	A$40.0m	A$25.0m	A$1.6m	-A$5.9m	A$475k1% on cost · 1% on revenue
Cost stack Construction 3,500 m² at A$5,500/m²A$20.0m Basement parkingA$1.2m DemolitionA$45k Consultants, DA and certification (9%)A$1.9m Contributions (A$28,000 per new home)A$1.0m 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$7.5m instead leaves A$475k pre-tax on a total development cost of A$35.0m. Includes 15% affordable housing at 65% of market.

Site facts

Site area: About 1,750 m² (30 m by 60 m)
Street frontage: About 30 m (measured against the road corridor)
Zone: R3 Medium Density Residential · Strathfield Local Environmental Plan 2012
LEP controls: FSR 1.45:1 · height 14 m · minimum lot 1,000 m²
Nearest nominated centre: About 500 m to Homebush station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$6,500,000 at 1 July 2025, NSW Valuer General · from A$6,500,000 at 1 July 2021 (+0%)
Notes: Holding of 2 parcels.

Neighbours

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

Amalgamation options

#7 · amalgamation 2 houses → 25 homes

Address locked, Strathfield

Residual land valueA$18.0m

Likely askA$12.0m

HeadroomA$6.0m

2,500 m² · Townhouses · R3 · address locked