Address locked, Homebush

3 houses today → about 35 homes as townhouses. About 1,750 m², 45 m frontage, zone R4.

Residual land valueA$8.0m

Likely ask (3 houses)A$7.5mFrom the land values x 1.15

HeadroomA$500k

Gain over buying separatelyA$700k

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 2.8:1 · 42 m	35	2	5,000 m²	A$47.5m	A$25.0m	A$8.0m	A$500k	A$7.0m20% on cost · 15% on revenue
Cost stack Construction 5,000 m² at A$4,100/m²A$21.0m DemolitionA$140k Consultants, DA and certification (9%)A$1.9m Contributions (A$28,000 per new home)A$850k 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$7.0m pre-tax on a total development cost of A$35.0m.
TerracesLow and Mid-Rise · FSR 2.8:1 · 42 m	7	2	1,100 m²	A$11.0m	A$6.0m	A$1.4m	-A$6.1m	-A$4.5m-31% on cost · -42% on revenue
Cost stack Construction 1,100 m² at A$4,300/m²A$4.8m Basement parkingA$240k DemolitionA$140k Consultants, DA and certification (9%)A$450k Contributions (A$28,000 per new home)A$110k Contingency (5%)A$275k 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$4.5m pre-tax on a total development cost of A$15.0m.
Apartments, up to 12 storeysLow and Mid-Rise (400 to 800 m) · FSR 2.8:1 · 42 m	50	12	5,000 m²	A$55.0m	A$35.0m	A$6k	-A$7.5m	A$3.0m6% on cost · 5% on revenue
Cost stack Construction 5,000 m² at A$5,500/m²A$27.5m Basement parkingA$1.8m DemolitionA$140k 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$7.5m instead leaves A$3.0m pre-tax on a total development cost of A$45.0m.
Apartments, up to 16 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 3.64:1 · 54.6 m	70	16	7,000 m²	A$65.0m	A$47.5m	-A$2.5m	-A$10.0m	-A$1.7m-3% on cost · -3% on revenue
Cost stack Construction 7,000 m² at A$5,500/m²A$37.5m Basement parkingA$2.3m DemolitionA$140k Consultants, DA and certification (9%)A$3.5m Contributions (A$28,000 per new home)A$1.8m Contingency (5%)A$2.1m 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$1.7m pre-tax on a total development cost of A$60.0m. Includes 15% affordable housing at 65% of market.

Site facts

Houses: House, 600 m² House, 600 m² House, 600 m²
Site area: About 1,750 m²
Street frontage: About 45 m (measured against the road corridor)
Zone: R4
Nearest nominated centre: About 650 m (straight line) · 400 to 800 m from a nominated centre
Land value: About A$6,500,000 at 1 July 2025, NSW Valuer General (the houses together)