Standalone site

Address locked, Marrickville

1 house today → about 30 homes as apartments, up to 8 storeys (tod) + bonus. About 1,000 m², 15 m frontage, zone R2.

Residual land valueA$4.0m

Likely ask (1 house)A$3.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$1.0m

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
Apartments, up to 8 storeys (TOD) + affordable housing bonusTransport Oriented Development + Chapter 2 bonus · FSR 3.25:1 · 28.6 m	30	8	3,000 m²	A$37.5m	A$22.0m	A$4.0m	A$1.0m	A$6.0m23% on cost · 16% on revenue
Cost stack Construction 3,000 m² at A$5,500/m²A$17.0m Basement parkingA$1.1m DemolitionA$45k Consultants, DA and certification (9%)A$1.7m Contributions (A$28,000 per new home)A$850k Contingency (5%)A$1.0m 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$3.0m instead leaves A$6.0m pre-tax on a total development cost of A$27.5m. Includes 15% affordable housing at 65% of market.
Apartments, up to 6 storeys (TOD)Transport Oriented Development · FSR 2.5:1 · 22 m	25	6	2,500 m²	A$30.0m	A$17.0m	A$3.8m	A$750k	A$5.0m23% on cost · 17% on revenue
Cost stack Construction 2,500 m² at A$5,500/m²A$13.0m Basement parkingA$800k DemolitionA$45k Consultants, DA and certification (9%)A$1.3m Contributions (A$28,000 per new home)A$650k Contingency (5%)A$750k 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$3.0m instead leaves A$5.0m pre-tax on a total development cost of A$22.0m.
Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m	2	2	500 m²	A$4.3m	A$2.3m	A$700k	-A$2.3m	-A$1.9m-32% on cost · -44% 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$3.0m instead leaves -A$1.9m pre-tax on a total development cost of A$6.0m.

Site facts

Site area: About 1,000 m² (15 m by 60 m)
Street frontage: About 15 m (measured against the road corridor)
Zone: R2 Low Density Residential · Inner West Local Environmental Plan 2022
LEP controls: FSR 0.6:1 · height 9.5 m · minimum lot not mapped
Nearest nominated centre: About 600 m to Marrickville station (straight line) · Transport Oriented Development area
Land value: About A$2,500,000 at 1 July 2025, NSW Valuer General · from A$2,000,000 at 1 July 2021 (+25%)
Notes: Transport Oriented Development area (Marrickville). DA on record.
Latest DA: A development application is on record for this site. The member who claims it sees the application.

Neighbours

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