Bankstown TOD: Expert Guidance to Maximise Landowner Profits
The Bankstown Transport Oriented Development (TOD) Precinct, launched in November 2024, represents a transformative opportunity for property owners. With rezoning and development controls now in place, the precinct has become a focal point for developers seeking to capitalise on Bankstown’s strategic location and potential for increased housing density.
For property owners, this is a chance to unlock the true value of their land. However, maximising returns requires a clear strategy, an understanding of options and the right professional guidance to ensure developers don’t take advantage of you.
Why Developers are Focusing on Bankstown
Bankstown’s inclusion in the TOD program has significantly enhanced its appeal for developers. The precinct’s rezoning allows for higher density and increased building heights, opening doors to large scale residential and mixed use developments.
For developers, increased height and development density means more development potential and more development potential means more opportunity to make a profit. Property owners must recognise that developers assess land based on its development potential, not just current market value. Understanding how to effectively assess your property like a developer can mean the difference between a fair offer and leaving money on the table.
How to Maximise Your Property’s Value
1. Know What Your Land is Worth to a Developer
Your property’s value isn’t just about its size or location—it’s about what can be built on it. Developers consider factors such as:
Allowable building heights and densities under the TOD SEPP.
Site efficiency and how easily your land can be developed into apartments or mixed use projects.
Proximity to transport and amenities.
Engaging an experienced advisor ensures you understand the full value of your property from a developer’s perspective, enabling you to negotiate effectively and maximise your return.
2. Understand Your Development Options
Many property owners think selling is their only option, but this is far from the case. Development partnerships, where you retain ownership and partner with a developer, can significantly increase your returns—often by 50-60% based on results in similar TOD precincts.
Exploring your options with a professional advisor is the first step in determining whether selling, partnering, or another strategy is best for your situation.
3. Negotiate Confidently
Developers are expert negotiators, often supported by a team of development managers, who work to maximise their profits. Usually in development there is a key trade off between land price and developer profit, the lower the land price the higher the developer profit.
Property owners must come to the table equally prepared, with clarity on terms such as:
Profit-sharing agreements for partnerships.
Structuring staged payments or options for sales.
Leveraging neighbouring properties to increase overall site value.
With professional advice, you can protect your interests and secure terms that reflect your property’s true contribution to a development.
Why Acting Now is Crucial
The Bankstown TOD Precinct will be in high demand and developers have been already targeting prime sites. Acting early ensures your property is positioned effectively, allowing you to:
Maximise your returns by exploring and executing the best strategy before competition intensifies.
Avoid market saturation as more properties enter the market.
Take advantage of developer interest while the precinct’s momentum is at its peak.
Our experience shows that early movers in similar precincts consistently achieve better outcomes than those who wait.
How We Can Help
At Augusta Advisors, we specialise in helping property owners like you maximise the value of their land in TOD precincts. Whether you’re exploring a sale or considering a development partnership, we provide tailored advice to match your needs.
Do we offer free initial guidance?
Yes, we do.
Why?
It allows you to determine if our services align with your goals.
An early conversation helps us assess if we can assist you effectively. If we’re not the right fit, it’s better for both parties to recognise this quickly.
Our reputation is built on providing helpful guidance, even if we don’t take on your project. We hope you’ll recommend us to others based on the support we provide.
Your Next Step
Don’t risk not achieving the most money possible for your property. Contact us today for a free initial discussion to discuss whether we can help you maximise your returns in the Bankstown TOD precinct.
Acting now could be the key to securing the best result for your property.