Build DesignSolutions Development

Development › Artarmon › Site #1

Standalone site

Address locked, Artarmon

1 house today → about 30 homes as apartments, up to 6 storeys. About 1,500 m², 110 m frontage, zone R3.

Residual land valueA$6.0m
Likely ask (1 house)A$2.8mFrom the 1 July 2025 land value x 1.15
HeadroomA$3.3m
Claimed

Claimed until 4 Feb 2027

Another member holds a claim on this site or a holding it is part of. It cannot be claimed again until then.

Pro members see the exact figures and the neighbours for this site. Go Pro for every site, or claim a single site from its page.

Every option the rules allow

OptionHomesStoreysGFARealisationCostsResidual land valueHeadroomProfit at likely ask
Apartments, up to 6 storeysLow and Mid-Rise (within 400 m) · FSR 2.2:1 · 22 m 3063,000 m² A$40.0mA$22.0mA$6.0mA$3.3m A$8.5m32% on cost · 22% on revenue
Cost stack
  • Construction 3,000 m² at A$5,500/m²A$17.0m
  • Basement parkingA$1.1m
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$1.6m
  • Contributions (A$28,000 per new home)A$850k
  • Contingency (5%)A$1.0m
  • 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$2.8m instead leaves A$8.5m pre-tax on a total development cost of A$27.5m.
Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 2.86:1 · 28.6 m 4084,000 m² A$50.0mA$27.5mA$6.0mA$3.3m A$12.0m35% on cost · 23% on revenue
Cost stack
  • Construction 4,000 m² at A$5,500/m²A$22.0m
  • Basement parkingA$1.4m
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$2.1m
  • Contributions (A$28,000 per new home)A$1.1m
  • Contingency (5%)A$1.3m
  • 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$2.8m instead leaves A$12.0m pre-tax on a total development cost of A$32.5m. Includes 15% affordable housing at 65% of market.
TerracesLow and Mid-Rise · FSR 0.89999998:1 · 12 m 921,250 m² A$19.0mA$7.0mA$6.0mA$3.3m A$6.5m59% on cost · 33% on revenue
Cost stack
  • Construction 1,250 m² at A$4,300/m²A$5.5m
  • Basement parkingA$300k
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$500k
  • Contributions (A$28,000 per new home)A$220k
  • Contingency (5%)A$325k
  • 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$2.8m instead leaves A$6.5m pre-tax on a total development cost of A$11.0m.
TownhousesLow and Mid-Rise · FSR 0.89999998:1 · 12 m 821,250 m² A$15.0mA$6.0mA$4.3mA$1.5m A$3.8m40% on cost · 26% on revenue
Cost stack
  • Construction 1,250 m² at A$4,100/m²A$5.0m
  • DemolitionA$45k
  • Consultants, DA and certification (9%)A$475k
  • 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$2.8m instead leaves A$3.8m pre-tax on a total development cost of A$9.5m.
Dual occupancyLow and Mid-Rise · FSR 0.89999998:1 · 12 m 22500 m² A$6.0mA$2.3mA$2.0m-A$750k -A$65k-1% on cost · -1% 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$2.8m instead leaves -A$65k pre-tax on a total development cost of A$5.5m.

Site facts

Site area
About 1,500 m² (20 m by 70 m)
Street frontage
About 110 m (measured against the road corridor)
Zone
R3 Medium Density Residential · Willoughby Local Environmental Plan 2012
LEP controls
FSR 0.89999998:1 · height 12 m · minimum lot not mapped
Nearest nominated centre
About 150 m to Artarmon station (straight line) · Within 400 m of a nominated centre
Land value
About A$2,400,000 at 1 July 2025, NSW Valuer General · from A$2,000,000 at 1 July 2021 (+20%)
Notes
DA on record.
Latest DA
A development application is on record for this site. The member who claims it sees the application.