Infill Housing

State house 1949

Replacing an old state house…

Developer: The property is 970 square meters. How many 100 square-meter two-level houses can we build?

Planning Officer: It’s a square lot so you can put up eight.

Developer: Can’t we build ten?

Planning Officer: Zoning laws don’t allow it.

Developer: The economics won’t work. We'll withdraw our bid.

Infill housing 2020

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Voice-over

Developers typically aim for 25 to 30% return on a project after meeting the costs of the land, services, building, marketing, and taxes. Squeezing more units onto a site, or building higher on a smaller footprint are critical costing factors.