Standalone site

Address locked, Double Bay

1 house today → about 20 homes as apartments, up to 8 storeys + bonus. About 700 m², 12 m frontage, zone R3.

Residual land valueA$13.0m

Likely ask (1 house)A$6.5mFrom the 1 July 2025 land value x 1.15

HeadroomA$6.5m

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	20	8	2,000 m²	A$37.5m	A$13.0m	A$13.0m	A$6.5m	A$12.0m57% on cost · 33% on revenue
Cost stack Construction 2,000 m² at A$5,500/m²A$11.0m Basement parkingA$650k DemolitionA$45k Consultants, DA and certification (9%)A$1.0m Contributions (A$28,000 per new home)A$500k Contingency (5%)A$600k 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$6.5m instead leaves A$12.0m pre-tax on a total development cost of A$21.0m. 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	15	6	1,500 m²	A$30.0m	A$10.0m	A$11.0m	A$4.5m	A$9.0m49% on cost · 29% on revenue
Cost stack Construction 1,500 m² at A$5,500/m²A$8.0m Basement parkingA$500k DemolitionA$45k Consultants, DA and certification (9%)A$800k Contributions (A$28,000 per new home)A$400k Contingency (5%)A$475k 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$6.5m instead leaves A$9.0m pre-tax on a total development cost of A$18.0m.
TownhousesLow and Mid-Rise · FSR 0.7:1 · 10.5 m	3	2	450 m²	A$11.0m	A$2.3m	A$5.5m	-A$1.0m	A$425k4% on cost · 4% on revenue
Cost stack Construction 450 m² at A$4,100/m²A$1.9m DemolitionA$45k Consultants, DA and certification (9%)A$170k Contributions (A$28,000 per new home)A$55k 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$6.5m instead leaves A$425k pre-tax on a total development cost of A$10.0m.
Dual occupancyLow and Mid-Rise · FSR 0.65:1 · 10.5 m	2	2	450 m²	A$10.0m	A$1.9m	A$5.0m	-A$1.5m	-A$33k0% on cost · 0% on revenue
Cost stack Construction 450 m² at A$3,700/m²A$1.6m DemolitionA$45k Consultants, DA and certification (9%)A$150k Contributions (A$28,000 per new home)A$28k Contingency (5%)A$90k 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$6.5m instead leaves -A$33k pre-tax on a total development cost of A$9.5m.

Site facts

Site area: About 700 m² (13 m by 60 m)
Street frontage: About 12 m (measured against the road corridor)
Zone: R3 Medium Density Residential · Woollahra Local Environmental Plan 2014
LEP controls: FSR 0.65:1 · height 10.5 m · minimum lot 700 m²
Nearest nominated centre: About 400 m to Double Bay town centre (straight line) · Within 400 m of a nominated centre
Land value: About A$5,500,000 at 1 July 2025, NSW Valuer General · from A$3,750,000 at 1 July 2021 (+45%)

Neighbours

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