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Latest / The PROPERTY DOCTORS, Sydney Australia Novak Properties

EP. 1464: Is My Property a Development Site?

In this detailed discussion, Michael Burgio addresses a growing trend of homeowners inquiring whether their property qualifies as a development site under recent zoning changes in NSW. He explains how to assess development potential by checking zoning (e.g., from R2 to R3), permissible building heights, and floor space ratio (FSR). Using a hypothetical 1,000 sqm block, he walks through calculating gross floor area, net saleable area, and potential number of units, illustrating how these factors can drastically affect land value. He emphasizes that tools like the state government’s zoning map…

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