| Dual occupancyLow and Mid-Rise · FSR 0.7:1 · 9.5 m |
2 | 2 | 500 m² |
A$4.5m | A$2.2m | A$850k | -A$150k |
A$550k16% on cost · 12% 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$1.0m instead leaves A$550k pre-tax on a total development cost of A$3.5m.
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| TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m |
3 | 2 | 500 m² |
A$4.8m | A$2.5m | A$600k | -A$400k |
A$450k12% on cost · 9% on revenue |
Cost stack
- Construction 500 m² at A$4,300/m²A$2.1m
- Basement parkingA$100k
- DemolitionA$45k
- Consultants, DA and certification (9%)A$200k
- Contributions (A$28,000 per new home)A$55k
- Contingency (5%)A$120k
- 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$1.0m instead leaves A$450k pre-tax on a total development cost of A$3.8m.
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| TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m |
3 | 2 | 500 m² |
A$4.3m | A$2.4m | A$500k | -A$500k |
A$110k3% on cost · 3% on revenue |
Cost stack
- Construction 500 m² at A$4,100/m²A$2.0m
- DemolitionA$45k
- Consultants, DA and certification (9%)A$180k
- 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$1.0m instead leaves A$110k pre-tax on a total development cost of A$3.8m.
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| Apartments, up to 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 22 m |
15 | 6 | 1,500 m² |
A$16.0m | A$11.0m | A$23k | -A$977k |
A$1.2m9% on cost · 7% on revenue |
Cost stack
- Construction 1,500 m² at A$5,500/m²A$9.0m
- Basement parkingA$550k
- DemolitionA$45k
- Consultants, DA and certification (9%)A$850k
- Contributions (A$28,000 per new home)A$425k
- 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$1.0m instead leaves A$1.2m pre-tax on a total development cost of A$13.0m.
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| Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 28.6 m |
20 | 8 | 2,000 m² |
A$20.0m | A$15.0m | -A$750k | -A$1.8m |
A$425k2% on cost · 2% on revenue |
Cost stack
- Construction 2,000 m² at A$5,500/m²A$11.0m
- Basement parkingA$700k
- DemolitionA$45k
- 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$1.0m instead leaves A$425k pre-tax on a total development cost of A$17.0m. Includes 15% affordable housing at 65% of market.
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