Address locked, Chatswood

3 houses today → about 15 homes as terraces. About 3,000 m², 100 m frontage, zone R2.

Residual land valueA$12.0m

Likely ask (3 houses)A$5.5mFrom the land values x 1.15

HeadroomA$6.5m

Gain over buying separatelyA$2.0m

Claim this holding

A$387 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.

This holding 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
TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m	15	2	2,250 m²	A$35.0m	A$12.0m	A$12.0m	A$6.5m	A$12.0m63% on cost · 35% on revenue
Cost stack Construction 2,250 m² at A$4,300/m²A$9.0m Basement parkingA$500k DemolitionA$140k Consultants, DA and certification (9%)A$850k Contributions (A$28,000 per new home)A$325k Contingency (5%)A$550k 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$5.5m instead leaves A$12.0m pre-tax on a total development cost of A$19.0m.
TownhousesLow and Mid-Rise · FSR 0.7:1 · 9.5 m	15	2	2,250 m²	A$30.0m	A$10.0m	A$10.0m	A$4.5m	A$10.0m58% on cost · 33% on revenue
Cost stack Construction 2,250 m² at A$4,100/m²A$9.0m DemolitionA$140k Consultants, DA and certification (9%)A$800k Contributions (A$28,000 per new home)A$300k 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$5.5m instead leaves A$10.0m pre-tax on a total development cost of A$17.0m.
Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m	4	2	450 m²	A$6.0m	A$2.5m	A$1.7m	-A$3.8m	-A$3.3m-35% on cost · -53% on revenue
Cost stack Construction 450 m² at A$4,400/m²A$1.9m Basement parkingA$140k DemolitionA$140k Consultants, DA and certification (9%)A$190k Contributions (A$28,000 per new home)A$28k 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$5.5m instead leaves -A$3.3m pre-tax on a total development cost of A$9.0m.

Site facts

Houses: House, 1,200 m² House, 900 m² House, 900 m²
Site area: About 3,000 m²
Street frontage: About 100 m (measured against the road corridor)
Zone: R2
Nearest nominated centre: About 400 m (straight line) · Within 400 m of a nominated centre
Land value: About A$5,000,000 at 1 July 2025, NSW Valuer General (the houses together)