Address locked, Strathfield

3 houses today → about 20 homes as townhouses. About 5,000 m², 60 m frontage, zone R2.

Residual land valueA$15.0m

Likely ask (3 houses)A$14.0mFrom the land values x 1.15

HeadroomA$1.0m

Gain over buying separatelyA$600k

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 0.7:1 · 9.5 m	20	2	3,500 m²	A$47.5m	A$16.0m	A$15.0m	A$1.0m	A$10.0m30% on cost · 21% on revenue
Cost stack Construction 3,500 m² at A$4,100/m²A$14.0m DemolitionA$140k Consultants, DA and certification (9%)A$1.2m Contributions (A$28,000 per new home)A$550k 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$14.0m instead leaves A$10.0m pre-tax on a total development cost of A$32.5m.
TerracesLow and Mid-Rise · FSR 0.7:1 · 9.5 m	10	2	1,500 m²	A$23.0m	A$8.5m	A$7.0m	-A$7.0m	-A$3.5m-14% on cost · -15% on revenue
Cost stack Construction 1,500 m² at A$4,300/m²A$7.0m Basement parkingA$350k DemolitionA$140k Consultants, DA and certification (9%)A$650k Contributions (A$28,000 per new home)A$200k Contingency (5%)A$400k 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$14.0m instead leaves -A$3.5m pre-tax on a total development cost of A$25.0m.
Manor house (4 flats)Low and Mid-Rise · FSR 0.8:1 · 9.5 m	4	2	450 m²	A$5.0m	A$2.5m	A$900k	-A$13.1m	-A$14.0m-74% on cost · -274% 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$14.0m instead leaves -A$14.0m pre-tax on a total development cost of A$19.0m.

Site facts

Houses: House, 1,200 m² House, 1,200 m² House, 2,500 m²
Site area: About 5,000 m²
Street frontage: About 60 m (measured against the road corridor)
Zone: R2
Nearest nominated centre: About 800 m (straight line) · 400 to 800 m from a nominated centre
Land value: About A$12,000,000 at 1 July 2025, NSW Valuer General (the houses together)
Notes: Heritage conservation area. DA on a house (Determined).