Standalone site

Address locked, Double Bay

1 house today → about 25 homes as apartments, up to 8 storeys + bonus. About 900 m², 15 m frontage, zone R3.

Residual land valueA$18.0m

Likely ask (1 house)A$7.0mFrom the 1 July 2025 land value x 1.15

HeadroomA$11.0m

Claim this site

A$387 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.

This site 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
Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 28.6 m	25	8	2,500 m²	A$55.0m	A$19.0m	A$18.0m	A$11.0m	A$21.0m73% on cost · 37% on revenue
Cost stack Construction 2,500 m² at A$5,500/m²A$15.0m Basement parkingA$900k DemolitionA$45k Consultants, DA and certification (9%)A$1.4m Contributions (A$28,000 per new home)A$750k Contingency (5%)A$850k 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$7.0m instead leaves A$21.0m pre-tax on a total development cost of A$27.5m. Includes 15% affordable housing at 65% of market.
Apartments, up to 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 22 m	20	6	2,000 m²	A$42.5m	A$15.0m	A$15.0m	A$8.0m	A$14.0m58% on cost · 33% 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$7.0m instead leaves A$14.0m pre-tax on a total development cost of A$24.0m.
TownhousesLow and Mid-Rise · FSR 1.3:1 · 15 m	8	2	1,200 m²	A$30.0m	A$6.0m	A$14.0m	A$7.0m	A$13.0m88% on cost · 42% on revenue
Cost stack Construction 1,200 m² at A$4,100/m²A$5.0m DemolitionA$45k Consultants, DA and certification (9%)A$450k Contributions (A$28,000 per new home)A$200k 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$7.0m instead leaves A$13.0m pre-tax on a total development cost of A$14.0m.
Dual occupancyLow and Mid-Rise · FSR 1.3:1 · 15 m	2	2	500 m²	A$12.0m	A$2.3m	A$6.0m	-A$1.0m	A$750k7% on cost · 6% 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$7.0m instead leaves A$750k pre-tax on a total development cost of A$10.0m.

Site facts

Site area: About 900 m² (15 m by 60 m)
Street frontage: About 15 m (measured against the road corridor)
Zone: R3 Medium Density Residential · Woollahra Local Environmental Plan 2014
LEP controls: FSR 1.3:1 · height 15 m · minimum lot 700 m²
Nearest nominated centre: About 350 m to Double Bay town centre (straight line) · Within 400 m of a nominated centre
Land value: About A$6,000,000 at 1 July 2025, NSW Valuer General · from A$3,750,000 at 1 July 2021 (+60%)