Standalone site

Address locked, Homebush

1 house today → about 20 homes as townhouses. About 1,000 m², 23 m frontage, zone R4.

Residual land valueA$4.3m

Likely ask (1 house)A$2.8mFrom the 1 July 2025 land value x 1.15

HeadroomA$1.5m

Claim this site

A$182 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.

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 · 21 m	20	2	3,000 m²	A$27.5m	A$14.0m	A$4.3m	A$1.5m	A$6.5m34% on cost · 23% on revenue
Cost stack Construction 3,000 m² at A$4,100/m²A$12.0m DemolitionA$45k Consultants, DA and certification (9%)A$1.1m Contributions (A$28,000 per new home)A$500k 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$2.8m instead leaves A$6.5m pre-tax on a total development cost of A$18.0m.
Dual occupancyLow and Mid-Rise · FSR 2.8:1 · 21 m	2	2	500 m²	A$4.5m	A$2.3m	A$900k	-A$1.9m	-A$1.4m-25% on cost · -31% 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$1.4m pre-tax on a total development cost of A$5.5m.
TerracesLow and Mid-Rise · FSR 2.8:1 · 21 m	3	2	500 m²	A$4.8m	A$2.5m	A$600k	-A$2.2m	-A$1.4m-24% on cost · -29% on revenue
Cost stack Construction 500 m² at A$4,300/m²A$2.1m Basement parkingA$100k DemolitionA$45k Consultants, DA and certification (9%)A$200k Contributions (A$28,000 per new home)A$55k Contingency (5%)A$120k 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$1.4m pre-tax on a total development cost of A$6.0m.
Apartments, up to 6 storeysLow and Mid-Rise (400 to 800 m) · FSR 2.8:1 · 21 m	30	6	3,000 m²	A$30.0m	A$20.0m	A$60k	-A$2.7m	A$2.0m8% on cost · 7% on revenue
Cost stack Construction 3,000 m² at A$5,500/m²A$16.0m Basement parkingA$1.0m DemolitionA$45k Consultants, DA and certification (9%)A$1.5m Contributions (A$28,000 per new home)A$800k Contingency (5%)A$950k 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$2.0m pre-tax on a total development cost of A$25.0m.
Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 3.64:1 · 27.3 m	40	8	4,000 m²	A$37.5m	A$27.5m	-A$1.4m	-A$4.2m	A$550k2% on cost · 1% on revenue
Cost stack Construction 4,000 m² at A$5,500/m²A$21.0m Basement parkingA$1.3m DemolitionA$45k Consultants, DA and certification (9%)A$2.0m Contributions (A$28,000 per new home)A$1.0m Contingency (5%)A$1.2m 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$550k pre-tax on a total development cost of A$32.5m. Includes 15% affordable housing at 65% of market.

Site facts

Site area: About 1,000 m² (23 m by 45 m)
Street frontage: About 23 m (measured against the road corridor)
Zone: R4 High Density Residential · Strathfield Local Environmental Plan 2012
LEP controls: FSR 2.8:1 · height 21 m · minimum lot not mapped
Nearest nominated centre: About 450 m to Homebush station (straight line) · 400 to 800 m from a nominated centre
Land value: About A$2,300,000 at 1 July 2025, NSW Valuer General · from A$1,600,000 at 1 July 2021 (+45%)
Notes: Holding of 3 parcels.

Neighbours

4 adjoining houses share a boundary with this site. Members see them.