Address locked, Strathfield

2 houses today → about 25 homes as townhouses. About 1,500 m², 60 m frontage, zone R4.

Residual land valueA$16.0m

Likely ask (2 houses)A$4.0mFrom the land values x 1.15

HeadroomA$12.0m

Gain over buying separatelyA$1k

Claim this holding

A$387 inc GST · 3 months

A claim takes this holding off the market for every other member for 3 months and opens its address, lot outline, exact figures and neighbours to you.

This holding 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
TownhousesLow and Mid-Rise · FSR 2.5:1 · 21 m	25	2	3,500 m²	A$47.5m	A$17.0m	A$16.0m	A$12.0m	A$19.0m85% on cost · 41% on revenue
Cost stack Construction 3,500 m² at A$4,100/m²A$15.0m DemolitionA$90k Consultants, DA and certification (9%)A$1.3m Contributions (A$28,000 per new home)A$600k Contingency (5%)A$800k 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$4.0m instead leaves A$19.0m pre-tax on a total development cost of A$23.0m.
TerracesLow and Mid-Rise · FSR 2.5:1 · 21 m	10	2	1,500 m²	A$23.0m	A$8.5m	A$7.0m	A$3.0m	A$7.0m51% on cost · 30% on revenue
Cost stack Construction 1,500 m² at A$4,300/m²A$7.0m Basement parkingA$350k DemolitionA$90k Consultants, DA and certification (9%)A$650k Contributions (A$28,000 per new home)A$220k Contingency (5%)A$400k 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$4.0m instead leaves A$7.0m pre-tax on a total development cost of A$14.0m.
Apartments, up to 6 storeysLow and Mid-Rise (400 to 800 m) · FSR 2.5:1 · 21 m	35	6	3,500 m²	A$40.0m	A$25.0m	A$3.0m	-A$1.0m	A$4.0m13% on cost · 10% on revenue
Cost stack Construction 3,500 m² at A$5,500/m²A$20.0m Basement parkingA$1.2m DemolitionA$90k Consultants, DA and certification (9%)A$1.9m Contributions (A$28,000 per new home)A$950k Contingency (5%)A$1.1m 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$4.0m instead leaves A$4.0m pre-tax on a total development cost of A$32.5m.
Apartments, up to 8 storeys + affordable housing bonusLow and Mid-Rise + Chapter 2 bonus (15% affordable) · FSR 3.25:1 · 27.3 m	45	8	4,500 m²	A$50.0m	A$32.5m	A$2.1m	-A$1.9m	A$4.8m12% on cost · 10% on revenue
Cost stack Construction 4,500 m² at A$5,500/m²A$25.0m Basement parkingA$1.6m DemolitionA$90k Consultants, DA and certification (9%)A$2.4m Contributions (A$28,000 per new home)A$1.3m Contingency (5%)A$1.5m 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$4.0m instead leaves A$4.8m pre-tax on a total development cost of A$40.0m. Includes 15% affordable housing at 65% of market.

Site facts

Houses: House, 700 m² House, 800 m²
Site area: About 1,500 m²
Street frontage: About 60 m (measured against the road corridor)
Zone: R4
Nearest nominated centre: About 750 m (straight line) · 400 to 800 m from a nominated centre
Land value: About A$3,500,000 at 1 July 2025, NSW Valuer General (the houses together)