Standalone site

Address locked, Marrickville

1 house today → about 20 homes as apartments, up to 8 storeys (tod) + bonus. About 700 m², 15 m frontage, zone R2.

Residual land valueA$2.8m

Likely ask (1 house)A$2.3mFrom the 1 July 2025 land value x 1.15

HeadroomA$450k

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
Apartments, up to 8 storeys (TOD) + affordable housing bonusTransport Oriented Development + Chapter 2 bonus · FSR 3.25:1 · 28.6 m	20	8	2,250 m²	A$25.0m	A$15.0m	A$2.8m	A$450k	A$3.5m18% on cost · 14% on revenue
Cost stack Construction 2,250 m² at A$5,500/m²A$12.0m 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$700k 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$2.3m instead leaves A$3.5m pre-tax on a total development cost of A$19.0m. Includes 15% affordable housing at 65% of market.
Apartments, up to 6 storeys (TOD)Transport Oriented Development · FSR 2.5:1 · 22 m	15	6	1,750 m²	A$20.0m	A$11.0m	A$2.5m	A$200k	A$3.3m23% on cost · 17% on revenue
Cost stack Construction 1,750 m² at A$5,500/m²A$9.0m Basement parkingA$550k DemolitionA$45k Consultants, DA and certification (9%)A$850k Contributions (A$28,000 per new home)A$425k Contingency (5%)A$500k 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$2.3m instead leaves A$3.3m pre-tax on a total development cost of A$14.0m.
Dual occupancyHousing SEPP (R2 state-wide) · FSR 0.65:1 · 9.5 m	2	2	450 m²	A$3.5m	A$1.9m	A$550k	-A$1.8m	-A$1.4m-29% on cost · -39% on revenue
Cost stack Construction 450 m² at A$3,700/m²A$1.6m DemolitionA$45k Consultants, DA and certification (9%)A$140k Contributions (A$28,000 per new home)A$28k Contingency (5%)A$85k 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$2.3m instead leaves -A$1.4m pre-tax on a total development cost of A$4.8m.

Site facts

Site area: About 700 m² (15 m by 45 m)
Street frontage: About 15 m (measured against the road corridor)
Zone: R2 Low Density Residential · Inner West Local Environmental Plan 2022
LEP controls: FSR 0.6:1 · height 9.5 m · minimum lot not mapped
Nearest nominated centre: About 750 m to Marrickville station (straight line) · Transport Oriented Development area
Land value: About A$2,000,000 at 1 July 2025, NSW Valuer General · from A$1,600,000 at 1 July 2021 (+25%)
Notes: Transport Oriented Development area (Marrickville).

Neighbours

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