PropDEV

Cost to build a house in Sydney's Inner West

Sydney's Inner West — Balmain, Rozelle, Leichhardt, Annandale, Glebe, Lilyfield, Petersham, Newtown, Marrickville — runs a different cost profile from harbourside or coastal Sydney. The dominant brief is renovation, extension, or knock-down-rebuild on a small heritage lot, not new build on a generous block. Heritage conservation coverage is extensive, lot sizes are tight, sub-floor and rear-yard access are constrained, and the existing built stock (Victorian and Federation terraces, post-war workers' cottages) dictates the build approach. Per-m² rates for premium new and major renovation work in 2025–26 typically run $4,000–$7,000/m². This calculator is pre-configured for a typical Inner West renovation-and-extension at high-end quality.

Your inputs · Quick Assisted Mode

Deal basics

Enter the essentials. Everything else is assumed from our NSW rate library — you can drill in once the headline looks right.

What are you doing with this deal?
Realism (overrun buffer)5%
0% optimistic5% baseline25% stress test

Separate from contingency. Contingency = unknowns you haven't priced; overrun = things you HAVE priced that slip anyway (weather, scope creep, late deliveries, prices moving between estimate and order).

Builder, agent, rates & tax

Cost-plus margin, HBCF, buyer's agent (optional), council rates, GST. Defaults reflect Sydney 2025-26.

NSW Land Tax — many people don't know this exists

If your site's unimproved land value (council's UV figure) is above $1,075,000, you pay 1.6% per year on the amount above that — plus a flat $100. Above $6,571,000 the premium rate of 2% kicks in. On a typical $3M Sydney dev site that's about $31,000/year while you hold it.

Exemptions: your principal place of residence (PPR), active primary production, certain charities. Toggle below if exempt.

Building classification (NCC + NSW DBP)

Class 1a (single dwelling, own title) vs Class 2 (multi-unit, strata). Class 2 triggers NSW DBP Act 2020 — registered Design & Building Practitioners, regulated design declarations. ~$45k-$120k uplift + 1.5-4 months program impact.

Hold-mode inputs

Rental yield, hold period, and target net yield. Leave rent blank to infer from the NSW rental-yield rate library.

Affordability inputs

Owner-occupier mode — pick what you're doing, then fill in the numbers. NSW first-home-buyer concession applied automatically when eligible.

What are you doing?

Build cost is computed from the standard cost stack above (construction $/m² × dwelling area + soft costs + finance + contingency). Set dwelling size, quality, site difficulty in the main inputs to drive it.

Rate library NSW-2025.26 · last refreshed 2026-05-11
Results & analysis

Live as you type. Click any number to see the trace. Advanced analysis is collapsed by default — open the section near the bottom when you want scenarios, sensitivity, cash flow, and scale modelling.

Affordability — buy land + build

Land purchase, full build cost stack, construction loan. Stamp duty on land only; build costs roll into the mortgage.

Unaffordable on these inputs
Repayment exceeds serviceability cap or DTI is in regulator hot zone.
Upfront cash
$474,991
deposit + duty + LMI + legals
Monthly P&I
$21,198
@ 6.2% / 30y
Loan amount
$3,461,135
LVR 93.5% · DTI 15.7×
Serviceability
150%
of $4,917 cap
Project value composition
Land price: $2,400,000
Build cost: $1,301,135
Total project: $3,701,135

Stamp duty applies to the land purchase only. The build rolls into a construction loan that draws down progressively.

Upfront componentAUD
Cash deposit$240,000
Stamp duty$114,012
LMI(Applied (LVR > 80%))$117,679
Legals + inspection$3,300
Total upfront cash$474,991
Total interest paid over term
$4,170,282
If you hold the full term
Total cost of ownership
$8,106,408
Price + duty + LMI + legals + interest

Indicative only. Lenders apply their own serviceability formula with a stressed-rate buffer (typically +3pp on the actual rate). Stamp duty uses the NSW 2025-26 schedule with First Home Buyer Assistance Scheme thresholds. LMI is estimated against public premium tables — actual LMI varies by lender, postcode, and policy.

What this deal is telling you

1 critical2 warning

Plain-English read on the current numbers — risks, opportunities, and what to verify next. Sorted most-urgent first.

  • Not feasible at current inputs (-38.7% margin on cost)

    verdict

    Total revenue of $2,400,000 doesn't cover total cost of $3,913,994 with target margin. You'd lose $1,513,994.

    Next step: Try the What-if Solver on purchase price or sale price to see what the deal needs.

  • Build rate $4,095/m² is 41% above the Sydney median for house_and_land

    construction

    Sydney-metro 2025 median for house_and_land is roughly $2,900/m²/m². You're at $4,095/m² — that's a 41% premium.

    Next step: Sanity-check with a builder before commit — premium spec, difficult site, or just optimistic?

  • Contingency at 2.4% is thin for an early-feasibility project

    contingency

    At feasibility stage, ~10% contingency on construction + design is conventional. You're below that, so a single unpriced item (eg geotech surprise, demo cost, services upgrade) can knock the deal.

    Next step: Bump the project stage if the design's more advanced, or increase contingency in Pro Mode.

Here's how the numbers were built

Updates live as you edit

Revenue

  • Revenue of $2,400,000 comes from 1 house-and-land package selling at an average of $2,400,000 each.

Construction cost

  • Construction lands at $742,260180 m² of gross floor area × $4,095/m².
  • That rate is a Sydney metro high-end house-and-land build on a normal site (rate library, medium confidence). Plausible range: $3,200/m² – $5,500/m².

Acquisition

  • Land acquisition totals $2,528,512 — the $2,400,000 purchase plus $128,512 of NSW stamp duty, legal, due diligence, and settlement adjustments.
  • Stamp duty alone runs against the current Revenue NSW schedule (1 July 2025 – 30 June 2026). The thresholds re-index every July.

Soft costs, finance & contingency

  • Planning & design — architect, engineers, planners, certifier, plus council/authority contributions — adds $72,536. Contributions vary wildly by council; this line carries low confidence and should be verified.
  • Project management, QS, insurance, and other professional fees add $22,268. Marketing, sales commission, and legal on sale add $83,100.
  • Finance — interest plus establishment and line fees — adds $263,976 at an indicative 9.5% rate and 65% loan-to-cost. Replace with a real lender quote before relying on this.
  • Holding costs — rates, NSW land tax, utilities while you develop — add $56,833 over the project life.
  • Contingency of $92,016 reflects the early feasibility stage. Earlier stages carry more contingency because more is unknown — it shrinks as the project matures and the builder quotes harden.

The bottom line

  • Total development cost is $3,913,994. Against revenue of $2,400,000, the deal yields -$1,513,994 of profit — a -38.7% margin on cost.
  • That's 56.7% below your 18% target — material rework needed (lower land price, higher sale prices, smaller spec, or all three).
  • Required equity is $1,351,525 with peak debt of $2,509,975 (simplified — a cash-flow-driven peak comes in the next phase). Return on equity comes in at -112%.

What would change the answer

  • Break-even sale price is $3,913,994 per house-and-land package — sale prices can drop by -63.1% before the deal loses money.
  • At your 18% target margin, the maximum supportable land price is $648,416$1,751,584 below what you're paying. The land is too expensive for this target margin.

Cost breakdown

Every line is editable in Pro Mode (Phase G)
Total development cost$3,913,994
Advanced analysis
Scenarios · sensitivity · monthly cash flow & IRR · scale recommender
▸ open

Scenarios — how resilient is this deal?

Conservative stress-tests; optimistic gives it tailwinds.
ConservativeNot feasible
0%
net yield on cost
+0.0pp vs base
Annual cash
$0
Entry cost
$480,910
BaseNot feasible
0%
net yield on cost
Annual cash
$0
Entry cost
$474,991
OptimisticNot feasible
0%
net yield on cost
+0.0pp vs base
Annual cash
$0
Entry cost
$472,003

Conservative: -5% sale price, +7.5% build cost, +5pp overrun, +20% duration. Optimistic: +5% sale price, -5% build cost, -2pp overrun, -10% duration.

Sensitivity — which levers move the needle

Target: 3.5% net yield on cost
Lever-10%-5%Base+5%+10%
Sale price0%0%0%0%0%
Build cost0%0%0%0%0%
Duration0%0%0%0%0%
Overrun buffer0%0%0%0%0%
Meets targetWithin 15% of targetBelow target

What scale does this site need?

Target: 18.0% margin on cost

You're proposing 1 dwelling × 180 m² (180 m² total GFA) → 0.0% margin on cost.

No configuration in the search range meets your 18.0% target. The deal is fundamentally constrained — land is too expensive, sale prices too low, or costs too high. Consider revisiting the inputs before tuning scale.

Dwelling size (m²)3803603403203002802602402202001801601401201001234567891011121314151617181920Yield (dwellings)1 dwellings × 380 m² → 0.0% margin on cost (fail)2 dwellings × 380 m² → 0.0% margin on cost (fail)3 dwellings × 380 m² → 0.0% margin on cost (fail)4 dwellings × 380 m² → 0.0% margin on cost (fail)5 dwellings × 380 m² → 0.0% margin on cost (fail)6 dwellings × 380 m² → 0.0% margin on cost (fail)7 dwellings × 380 m² → 0.0% margin on cost (fail)8 dwellings × 380 m² → 0.0% margin on cost (fail)9 dwellings × 380 m² → 0.0% margin on cost (fail)10 dwellings × 380 m² → 0.0% margin on cost (fail)11 dwellings × 380 m² → 0.0% margin on cost (fail)12 dwellings × 380 m² → 0.0% margin on cost (fail)13 dwellings × 380 m² → 0.0% margin on cost (fail)14 dwellings × 380 m² → 0.0% margin on cost (fail)15 dwellings × 380 m² → 0.0% margin on cost (fail)16 dwellings × 380 m² → 0.0% margin on cost (fail)17 dwellings × 380 m² → 0.0% margin on cost (fail)18 dwellings × 380 m² → 0.0% margin on cost (fail)19 dwellings × 380 m² → 0.0% margin on cost (fail)20 dwellings × 380 m² → 0.0% margin on cost (fail)1 dwellings × 360 m² → 0.0% margin on cost (fail)2 dwellings × 360 m² → 0.0% margin on cost (fail)3 dwellings × 360 m² → 0.0% margin on cost (fail)4 dwellings × 360 m² → 0.0% margin on cost (fail)5 dwellings × 360 m² → 0.0% margin on cost (fail)6 dwellings × 360 m² → 0.0% margin on cost (fail)7 dwellings × 360 m² → 0.0% margin on cost (fail)8 dwellings × 360 m² → 0.0% margin on cost (fail)9 dwellings × 360 m² → 0.0% margin on cost (fail)10 dwellings × 360 m² → 0.0% margin on cost (fail)11 dwellings × 360 m² → 0.0% margin on cost (fail)12 dwellings × 360 m² → 0.0% margin on cost (fail)13 dwellings × 360 m² → 0.0% margin on cost (fail)14 dwellings × 360 m² → 0.0% margin on cost (fail)15 dwellings × 360 m² → 0.0% margin on cost (fail)16 dwellings × 360 m² → 0.0% margin on cost (fail)17 dwellings × 360 m² → 0.0% margin on cost (fail)18 dwellings × 360 m² → 0.0% margin on cost (fail)19 dwellings × 360 m² → 0.0% margin on cost (fail)20 dwellings × 360 m² → 0.0% margin on cost (fail)1 dwellings × 340 m² → 0.0% margin on cost (fail)2 dwellings × 340 m² → 0.0% margin on cost (fail)3 dwellings × 340 m² → 0.0% margin on cost (fail)4 dwellings × 340 m² → 0.0% margin on cost (fail)5 dwellings × 340 m² → 0.0% margin on cost (fail)6 dwellings × 340 m² → 0.0% margin on cost (fail)7 dwellings × 340 m² → 0.0% margin on cost (fail)8 dwellings × 340 m² → 0.0% margin on cost (fail)9 dwellings × 340 m² → 0.0% margin on cost (fail)10 dwellings × 340 m² → 0.0% margin on cost (fail)11 dwellings × 340 m² → 0.0% margin on cost (fail)12 dwellings × 340 m² → 0.0% margin on cost (fail)13 dwellings × 340 m² → 0.0% margin on cost (fail)14 dwellings × 340 m² → 0.0% margin on cost (fail)15 dwellings × 340 m² → 0.0% margin on cost (fail)16 dwellings × 340 m² → 0.0% margin on cost (fail)17 dwellings × 340 m² → 0.0% margin on cost (fail)18 dwellings × 340 m² → 0.0% margin on cost (fail)19 dwellings × 340 m² → 0.0% margin on cost (fail)20 dwellings × 340 m² → 0.0% margin on cost (fail)1 dwellings × 320 m² → 0.0% margin on cost (fail)2 dwellings × 320 m² → 0.0% margin on cost (fail)3 dwellings × 320 m² → 0.0% margin on cost (fail)4 dwellings × 320 m² → 0.0% margin on cost (fail)5 dwellings × 320 m² → 0.0% margin on cost (fail)6 dwellings × 320 m² → 0.0% margin on cost (fail)7 dwellings × 320 m² → 0.0% margin on cost (fail)8 dwellings × 320 m² → 0.0% margin on cost (fail)9 dwellings × 320 m² → 0.0% margin on cost (fail)10 dwellings × 320 m² → 0.0% margin on cost (fail)11 dwellings × 320 m² → 0.0% margin on cost (fail)12 dwellings × 320 m² → 0.0% margin on cost (fail)13 dwellings × 320 m² → 0.0% margin on cost (fail)14 dwellings × 320 m² → 0.0% margin on cost (fail)15 dwellings × 320 m² → 0.0% margin on cost (fail)16 dwellings × 320 m² → 0.0% margin on cost (fail)17 dwellings × 320 m² → 0.0% margin on cost (fail)18 dwellings × 320 m² → 0.0% margin on cost (fail)19 dwellings × 320 m² → 0.0% margin on cost (fail)20 dwellings × 320 m² → 0.0% margin on cost (fail)1 dwellings × 300 m² → 0.0% margin on cost (fail)2 dwellings × 300 m² → 0.0% margin on cost (fail)3 dwellings × 300 m² → 0.0% margin on cost (fail)4 dwellings × 300 m² → 0.0% margin on cost (fail)5 dwellings × 300 m² → 0.0% margin on cost (fail)6 dwellings × 300 m² → 0.0% margin on cost (fail)7 dwellings × 300 m² → 0.0% margin on cost (fail)8 dwellings × 300 m² → 0.0% margin on cost (fail)9 dwellings × 300 m² → 0.0% margin on cost (fail)10 dwellings × 300 m² → 0.0% margin on cost (fail)11 dwellings × 300 m² → 0.0% margin on cost (fail)12 dwellings × 300 m² → 0.0% margin on cost (fail)13 dwellings × 300 m² → 0.0% margin on cost (fail)14 dwellings × 300 m² → 0.0% margin on cost (fail)15 dwellings × 300 m² → 0.0% margin on cost (fail)16 dwellings × 300 m² → 0.0% margin on cost (fail)17 dwellings × 300 m² → 0.0% margin on cost (fail)18 dwellings × 300 m² → 0.0% margin on cost (fail)19 dwellings × 300 m² → 0.0% margin on cost (fail)20 dwellings × 300 m² → 0.0% margin on cost (fail)1 dwellings × 280 m² → 0.0% margin on cost (fail)2 dwellings × 280 m² → 0.0% margin on cost (fail)3 dwellings × 280 m² → 0.0% margin on cost (fail)4 dwellings × 280 m² → 0.0% margin on cost (fail)5 dwellings × 280 m² → 0.0% margin on cost (fail)6 dwellings × 280 m² → 0.0% margin on cost (fail)7 dwellings × 280 m² → 0.0% margin on cost (fail)8 dwellings × 280 m² → 0.0% margin on cost (fail)9 dwellings × 280 m² → 0.0% margin on cost (fail)10 dwellings × 280 m² → 0.0% margin on cost (fail)11 dwellings × 280 m² → 0.0% margin on cost (fail)12 dwellings × 280 m² → 0.0% margin on cost (fail)13 dwellings × 280 m² → 0.0% margin on cost (fail)14 dwellings × 280 m² → 0.0% margin on cost (fail)15 dwellings × 280 m² → 0.0% margin on cost (fail)16 dwellings × 280 m² → 0.0% margin on cost (fail)17 dwellings × 280 m² → 0.0% margin on cost (fail)18 dwellings × 280 m² → 0.0% margin on cost (fail)19 dwellings × 280 m² → 0.0% margin on cost (fail)20 dwellings × 280 m² → 0.0% margin on cost (fail)1 dwellings × 260 m² → 0.0% margin on cost (fail)2 dwellings × 260 m² → 0.0% margin on cost (fail)3 dwellings × 260 m² → 0.0% margin on cost (fail)4 dwellings × 260 m² → 0.0% margin on cost (fail)5 dwellings × 260 m² → 0.0% margin on cost (fail)6 dwellings × 260 m² → 0.0% margin on cost (fail)7 dwellings × 260 m² → 0.0% margin on cost (fail)8 dwellings × 260 m² → 0.0% margin on cost (fail)9 dwellings × 260 m² → 0.0% margin on cost (fail)10 dwellings × 260 m² → 0.0% margin on cost (fail)11 dwellings × 260 m² → 0.0% margin on cost (fail)12 dwellings × 260 m² → 0.0% margin on cost (fail)13 dwellings × 260 m² → 0.0% margin on cost (fail)14 dwellings × 260 m² → 0.0% margin on cost (fail)15 dwellings × 260 m² → 0.0% margin on cost (fail)16 dwellings × 260 m² → 0.0% margin on cost (fail)17 dwellings × 260 m² → 0.0% margin on cost (fail)18 dwellings × 260 m² → 0.0% margin on cost (fail)19 dwellings × 260 m² → 0.0% margin on cost (fail)20 dwellings × 260 m² → 0.0% margin on cost (fail)1 dwellings × 240 m² → 0.0% margin on cost (fail)2 dwellings × 240 m² → 0.0% margin on cost (fail)3 dwellings × 240 m² → 0.0% margin on cost (fail)4 dwellings × 240 m² → 0.0% margin on cost (fail)5 dwellings × 240 m² → 0.0% margin on cost (fail)6 dwellings × 240 m² → 0.0% margin on cost (fail)7 dwellings × 240 m² → 0.0% margin on cost (fail)8 dwellings × 240 m² → 0.0% margin on cost (fail)9 dwellings × 240 m² → 0.0% margin on cost (fail)10 dwellings × 240 m² → 0.0% margin on cost (fail)11 dwellings × 240 m² → 0.0% margin on cost (fail)12 dwellings × 240 m² → 0.0% margin on cost (fail)13 dwellings × 240 m² → 0.0% margin on cost (fail)14 dwellings × 240 m² → 0.0% margin on cost (fail)15 dwellings × 240 m² → 0.0% margin on cost (fail)16 dwellings × 240 m² → 0.0% margin on cost (fail)17 dwellings × 240 m² → 0.0% margin on cost (fail)18 dwellings × 240 m² → 0.0% margin on cost (fail)19 dwellings × 240 m² → 0.0% margin on cost (fail)20 dwellings × 240 m² → 0.0% margin on cost (fail)1 dwellings × 220 m² → 0.0% margin on cost (fail)2 dwellings × 220 m² → 0.0% margin on cost (fail)3 dwellings × 220 m² → 0.0% margin on cost (fail)4 dwellings × 220 m² → 0.0% margin on cost (fail)5 dwellings × 220 m² → 0.0% margin on cost (fail)6 dwellings × 220 m² → 0.0% margin on cost (fail)7 dwellings × 220 m² → 0.0% margin on cost (fail)8 dwellings × 220 m² → 0.0% margin on cost (fail)9 dwellings × 220 m² → 0.0% margin on cost (fail)10 dwellings × 220 m² → 0.0% margin on cost (fail)11 dwellings × 220 m² → 0.0% margin on cost (fail)12 dwellings × 220 m² → 0.0% margin on cost (fail)13 dwellings × 220 m² → 0.0% margin on cost (fail)14 dwellings × 220 m² → 0.0% margin on cost (fail)15 dwellings × 220 m² → 0.0% margin on cost (fail)16 dwellings × 220 m² → 0.0% margin on cost (fail)17 dwellings × 220 m² → 0.0% margin on cost (fail)18 dwellings × 220 m² → 0.0% margin on cost (fail)19 dwellings × 220 m² → 0.0% margin on cost (fail)20 dwellings × 220 m² → 0.0% margin on cost (fail)1 dwellings × 200 m² → 0.0% margin on cost (fail)2 dwellings × 200 m² → 0.0% margin on cost (fail)3 dwellings × 200 m² → 0.0% margin on cost (fail)4 dwellings × 200 m² → 0.0% margin on cost (fail)5 dwellings × 200 m² → 0.0% margin on cost (fail)6 dwellings × 200 m² → 0.0% margin on cost (fail)7 dwellings × 200 m² → 0.0% margin on cost (fail)8 dwellings × 200 m² → 0.0% margin on cost (fail)9 dwellings × 200 m² → 0.0% margin on cost (fail)10 dwellings × 200 m² → 0.0% margin on cost (fail)11 dwellings × 200 m² → 0.0% margin on cost (fail)12 dwellings × 200 m² → 0.0% margin on cost (fail)13 dwellings × 200 m² → 0.0% margin on cost (fail)14 dwellings × 200 m² → 0.0% margin on cost (fail)15 dwellings × 200 m² → 0.0% margin on cost (fail)16 dwellings × 200 m² → 0.0% margin on cost (fail)17 dwellings × 200 m² → 0.0% margin on cost (fail)18 dwellings × 200 m² → 0.0% margin on cost (fail)19 dwellings × 200 m² → 0.0% margin on cost (fail)20 dwellings × 200 m² → 0.0% margin on cost (fail)1 dwellings × 180 m² → 0.0% margin on cost (fail)2 dwellings × 180 m² → 0.0% margin on cost (fail)3 dwellings × 180 m² → 0.0% margin on cost (fail)4 dwellings × 180 m² → 0.0% margin on cost (fail)5 dwellings × 180 m² → 0.0% margin on cost (fail)6 dwellings × 180 m² → 0.0% margin on cost (fail)7 dwellings × 180 m² → 0.0% margin on cost (fail)8 dwellings × 180 m² → 0.0% margin on cost (fail)9 dwellings × 180 m² → 0.0% margin on cost (fail)10 dwellings × 180 m² → 0.0% margin on cost (fail)11 dwellings × 180 m² → 0.0% margin on cost (fail)12 dwellings × 180 m² → 0.0% margin on cost (fail)13 dwellings × 180 m² → 0.0% margin on cost (fail)14 dwellings × 180 m² → 0.0% margin on cost (fail)15 dwellings × 180 m² → 0.0% margin on cost (fail)16 dwellings × 180 m² → 0.0% margin on cost (fail)17 dwellings × 180 m² → 0.0% margin on cost (fail)18 dwellings × 180 m² → 0.0% margin on cost (fail)19 dwellings × 180 m² → 0.0% margin on cost (fail)20 dwellings × 180 m² → 0.0% margin on cost (fail)1 dwellings × 160 m² → 0.0% margin on cost (fail)2 dwellings × 160 m² → 0.0% margin on cost (fail)3 dwellings × 160 m² → 0.0% margin on cost (fail)4 dwellings × 160 m² → 0.0% margin on cost (fail)5 dwellings × 160 m² → 0.0% margin on cost (fail)6 dwellings × 160 m² → 0.0% margin on cost (fail)7 dwellings × 160 m² → 0.0% margin on cost (fail)8 dwellings × 160 m² → 0.0% margin on cost (fail)9 dwellings × 160 m² → 0.0% margin on cost (fail)10 dwellings × 160 m² → 0.0% margin on cost (fail)11 dwellings × 160 m² → 0.0% margin on cost (fail)12 dwellings × 160 m² → 0.0% margin on cost (fail)13 dwellings × 160 m² → 0.0% margin on cost (fail)14 dwellings × 160 m² → 0.0% margin on cost (fail)15 dwellings × 160 m² → 0.0% margin on cost (fail)16 dwellings × 160 m² → 0.0% margin on cost (fail)17 dwellings × 160 m² → 0.0% margin on cost (fail)18 dwellings × 160 m² → 0.0% margin on cost (fail)19 dwellings × 160 m² → 0.0% margin on cost (fail)20 dwellings × 160 m² → 0.0% margin on cost (fail)1 dwellings × 140 m² → 0.0% margin on cost (fail)2 dwellings × 140 m² → 0.0% margin on cost (fail)3 dwellings × 140 m² → 0.0% margin on cost (fail)4 dwellings × 140 m² → 0.0% margin on cost (fail)5 dwellings × 140 m² → 0.0% margin on cost (fail)6 dwellings × 140 m² → 0.0% margin on cost (fail)7 dwellings × 140 m² → 0.0% margin on cost (fail)8 dwellings × 140 m² → 0.0% margin on cost (fail)9 dwellings × 140 m² → 0.0% margin on cost (fail)10 dwellings × 140 m² → 0.0% margin on cost (fail)11 dwellings × 140 m² → 0.0% margin on cost (fail)12 dwellings × 140 m² → 0.0% margin on cost (fail)13 dwellings × 140 m² → 0.0% margin on cost (fail)14 dwellings × 140 m² → 0.0% margin on cost (fail)15 dwellings × 140 m² → 0.0% margin on cost (fail)16 dwellings × 140 m² → 0.0% margin on cost (fail)17 dwellings × 140 m² → 0.0% margin on cost (fail)18 dwellings × 140 m² → 0.0% margin on cost (fail)19 dwellings × 140 m² → 0.0% margin on cost (fail)20 dwellings × 140 m² → 0.0% margin on cost (fail)1 dwellings × 120 m² → 0.0% margin on cost (fail)2 dwellings × 120 m² → 0.0% margin on cost (fail)3 dwellings × 120 m² → 0.0% margin on cost (fail)4 dwellings × 120 m² → 0.0% margin on cost (fail)5 dwellings × 120 m² → 0.0% margin on cost (fail)6 dwellings × 120 m² → 0.0% margin on cost (fail)7 dwellings × 120 m² → 0.0% margin on cost (fail)8 dwellings × 120 m² → 0.0% margin on cost (fail)9 dwellings × 120 m² → 0.0% margin on cost (fail)10 dwellings × 120 m² → 0.0% margin on cost (fail)11 dwellings × 120 m² → 0.0% margin on cost (fail)12 dwellings × 120 m² → 0.0% margin on cost (fail)13 dwellings × 120 m² → 0.0% margin on cost (fail)14 dwellings × 120 m² → 0.0% margin on cost (fail)15 dwellings × 120 m² → 0.0% margin on cost (fail)16 dwellings × 120 m² → 0.0% margin on cost (fail)17 dwellings × 120 m² → 0.0% margin on cost (fail)18 dwellings × 120 m² → 0.0% margin on cost (fail)19 dwellings × 120 m² → 0.0% margin on cost (fail)20 dwellings × 120 m² → 0.0% margin on cost (fail)1 dwellings × 100 m² → 0.0% margin on cost (fail)2 dwellings × 100 m² → 0.0% margin on cost (fail)3 dwellings × 100 m² → 0.0% margin on cost (fail)4 dwellings × 100 m² → 0.0% margin on cost (fail)5 dwellings × 100 m² → 0.0% margin on cost (fail)6 dwellings × 100 m² → 0.0% margin on cost (fail)7 dwellings × 100 m² → 0.0% margin on cost (fail)8 dwellings × 100 m² → 0.0% margin on cost (fail)9 dwellings × 100 m² → 0.0% margin on cost (fail)10 dwellings × 100 m² → 0.0% margin on cost (fail)11 dwellings × 100 m² → 0.0% margin on cost (fail)12 dwellings × 100 m² → 0.0% margin on cost (fail)13 dwellings × 100 m² → 0.0% margin on cost (fail)14 dwellings × 100 m² → 0.0% margin on cost (fail)15 dwellings × 100 m² → 0.0% margin on cost (fail)16 dwellings × 100 m² → 0.0% margin on cost (fail)17 dwellings × 100 m² → 0.0% margin on cost (fail)18 dwellings × 100 m² → 0.0% margin on cost (fail)19 dwellings × 100 m² → 0.0% margin on cost (fail)20 dwellings × 100 m² → 0.0% margin on cost (fail)
Meets 18.0% targetWithin 15% of targetBelow targetYour current scaleSmallest passing
Pro Mode — override any number
Cost overrides · Construction BoQ · Assemblies catalogue
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Pro Mode is fully optional. Leave every cell blank and your headline numbers don't change a cent — Quick Mode's rate-library answer stays in effect. You only need these panels if you have your own builder quote, QS line-item estimate, or want to model specific assemblies.

① Cost overrides — override any rate-library cell

Pro Mode — override anything (optional)

Pin a cell to a value you've quoted, modelled, or know from experience. Leave every cell blank to use the Quick number unchanged — this whole panel is optional. Quick and Pro share one engine, so any override you do set flows through to every headline metric, scenario, sensitivity, and cash flow row above.

Underlying rates

RateQuick (library)Your overrideActive value
Construction rate (AUD/m²)$4,095/m²$4,095/m²
Interest rate (decimal, e.g. 0.085)9.5%9.5%
Loan-to-cost ratio (decimal, e.g. 0.65)65%65%

Cost buckets

BucketQuick (derived)Your overrideActive value
Acquisition (land, stamp duty, legals)$2,528,512$2,528,512
Planning & design$72,536$72,536
Construction$742,260$742,260
Professional fees$22,268$22,268
Finance$263,976$263,976
Holding$56,833$56,833
Marketing & selling$83,100$83,100
Contingency$92,016$92,016
Taxes & duties$0$0
Total development cost (reconciled)$3,861,500$3,861,500

Overridden cells flip their trust badge to Overridden · High confidence and replace the rate-library lookup. Click any number on the dashboard above to see the full trace, including which fields are now user-pinned.

② Construction BoQ — trade-by-trade drill-down

Construction BoQ — trade-level drill-down (optional)

The Quick construction number (rate × GFA) seeded across 9 trade categories so you can drill in. Leave every cell untouched to use the Quick number unchanged — this panel only activates when you edit a qty, rate, or label. Once touched, the BoQ total replaces the Quick construction figure in the override layer above.

Seed (Quick)
$742,260
BoQ total
$742,260
Δ vs seed
+$0
Untouched seed — the Quick construction number is still in effect. Edit any cell below to activate the BoQ as a construction-cost override.
Construction total$742,260
③ Assemblies catalogue — bathrooms, kitchens, slabs

Takeoff & assemblies — bottom-up line items (optional)

Pick an assembly (bathroom, kitchen, slab, roof…), set how many driver units (e.g. 8 bathrooms = 4 dwellings × 2), and pop it into the construction BoQ as editable line items. Each line carries qty × rate × waste, with MOQ where it applies.
Skip this panel entirely if you don't want to specify beds, baths, slabs, etc. Nothing here is required — the Quick construction number stays in effect until you actually click Apply and Pop into BoQ.

Catalogue

Standard bathroom
~5 m² bathroom: waterproofing, tiling, vanity, tapware, drain, door, exhaust.
Trade: Fitout (kitchen, bathroom, joinery)Driver: bathroom8 sub-items
per bathroom
$10,360
Premium ensuite
~7 m² ensuite with double vanity, freestanding shower, premium tile + tapware.
Trade: Fitout (kitchen, bathroom, joinery)Driver: ensuite8 sub-items
per ensuite
$20,803
Standard kitchen
Mid-range kitchen: stone benches, joinery, appliances, splashback, tapware.
Trade: Fitout (kitchen, bathroom, joinery)Driver: kitchen7 sub-items
per kitchen
$19,724
Premium kitchen
Premium joinery, integrated appliances, butler's pantry, stone island.
Trade: Fitout (kitchen, bathroom, joinery)Driver: kitchen7 sub-items
per kitchen
$49,857
Suspended concrete slab
Reinforced suspended slab — formwork, reo, concrete, finishing.
Trade: SubstructureDriver: 4 sub-items
per
$3,462
Colorbond roof
Pitched Colorbond sheet roof with sarking, battens, gutters & downpipes.
Trade: External envelopeDriver: m² of roof4 sub-items
per m² of roof
$169
Basement carpark bay
Per-bay all-in: slab share, ventilation, lighting, paint, line-marking.
Trade: SubstructureDriver: bay4 sub-items
per bay
$14,108
Concrete driveway
Reinforced concrete driveway with sub-base prep and finish.
Trade: External works & landscapingDriver: 3 sub-items
per
$5,012

Applied (0)

No assemblies applied yet. Pick one from the catalogue, set the driver qty, and click Apply.

Pop into BoQ imports the assembly's line items into the construction breakdown as concrete editable rows. Once imported, they're normal BoQ lines — re-applying the same assembly later appends new lines, it doesn't update old ones.

Export & share

Download a branded PDF summary, export the cost & cash flow tables as CSV, or copy a share link that re-opens this exact feasibility for someone else (lender, partner, accountant). Everything stays client-side — nothing is uploaded.

PDF includes verdict, headline stats, cost breakdown, insights, and key derived assumptions. Share link encodes the project state — anyone who opens it sees the same numbers.

Indicative feasibility only. Not financial, legal, tax, or planning advice. Verify all assumptions with your professional advisers before relying on any number here.

Why Inner West projects are mostly renovations, not new builds

Most Inner West lots already have an existing dwelling — typically a Victorian, Edwardian, or Federation terrace or a post-war cottage — and most of those are inside a heritage conservation area or are individually listed. Demolition is rarely approved; sympathetic retention plus ground-floor rear extension and upper-floor addition is the standard pathway. Practically: budget for retain-and-extend, not knock-and-rebuild, and price the unknown carefully (existing structure, services, asbestos, lead paint, termite history all add cost during demolition and rectification).

Inner West Council — heritage, FSR, and dual-occupancy controls

Inner West Council operates the Inner West LEP across the former Marrickville, Leichhardt, and Ashfield council areas (each retaining DCP variation). Heritage conservation areas cover a high proportion of the LGA, especially Balmain, Annandale, Rozelle, Glebe, and Newtown. FSR is generally tight (0.5–0.75 in many residential zones), height controls are 8.5m typical, and rear setbacks are strictly applied. Dual occupancy is permitted in some R1/R2 zones subject to minimum lot size; second dwelling pathways (granny flats under SEPP Housing) are common.

Existing-building unknowns — the real Inner West cost driver

On every Inner West renovation, the largest source of cost variance is the existing building's hidden condition: termite damage, sandstone footing failures, salt-rising damp on party walls, asbestos in eaves and floor tiles, lead paint, undocumented past renovations not built to code. A 20–30% provisional sum line in the contract for existing-building rectification is normal; less than that and the variation calls during construction become a fight. The calculator's renovation-aware insights account for this — but the only real protection is a thorough pre-purchase building inspection and an experienced builder who has worked on similar terrace stock before.

Party walls, neighbour notice, and tight-access programming

Most Inner West terraces share party walls with neighbouring properties on both sides. Any work that affects a party wall (extension above, structural alteration, services penetration) typically needs neighbour engagement and may need an easement. Site access for materials, waste, and machinery is constrained — rear lanes if you're lucky, narrow front frontages if not — and street parking restrictions limit truck and concrete pump scheduling. These factors compress the build program and push trade rates up. Allow a longer construction window than a comparable flat-suburban brief.

Frequently asked questions

How much does it cost to renovate a terrace in Sydney's Inner West?

Inner West terrace renovation-and-extension costs in 2025–26 typically run $4,000–$7,000 per m² over the extension and renovation area, with a separate provisional sum (often 20–30% of the rectification scope) for existing-building unknowns. A standard 'ground-floor extension plus upper-floor addition plus full internal renovation' typically lands $900k–$1.8M depending on size and quality tier.

Can I knock down and rebuild my Inner West terrace?

Usually not, if the property sits inside a heritage conservation area or is a heritage-listed item — which most Inner West terraces do. Sympathetic retention plus rear extension is the standard pathway. Outside conservation areas, knock-down-rebuild is sometimes possible subject to FSR, height, and setback controls.

What is dual occupancy and is my Inner West lot eligible?

Dual occupancy means two dwellings on one lot — either attached (semi-detached) or detached. In Inner West Council, dual occupancy is permitted in R1 and R2 residential zones subject to minimum lot size (typically 600m²+), frontage requirements, and FSR controls. Check the Inner West LEP for your specific lot.

Do I need a heritage consultant for an Inner West renovation?

If your property is heritage-listed or inside a conservation area (most of Balmain, Annandale, Rozelle, Glebe, parts of Newtown and Marrickville), yes. A Heritage Impact Statement is part of the DA documentation, and a heritage consultant typically charges $4–12k depending on complexity. Engage them before architectural documentation is locked.

Does Varloch work in the Inner West?

Yes. The Inner West is part of Varloch's core service area. Terrace renovation, structural rectification of older dwellings, and sympathetic heritage extension are within our standing capability. See /contact to discuss your project.

Disclaimer

PropDEV is a feasibility-modelling tool by Varloch Studio. The numbers it produces are indicative estimates based on user-entered inputs and assumed rates from a rate library that is updated periodically. PropDEV does not provide financial, legal, tax, planning, valuation, or construction advice, and its output should not be used as a substitute for professional advice from a qualified accountant, lawyer, town planner, quantity surveyor, valuer, lender, or builder. Stamp duty, council contributions, GST treatment, finance terms, and construction rates change frequently and vary by location, lender, council, and project — every figure in a report must be verified independently before any acquisition, finance, or planning decision is made. Use at your own risk.

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