It really depends on the price.
Triplex cost at the moment for everything inc demo through to strata would roughly be $650k (+/- 10%)
Development + block + profit >= sales value
eg
650k + 500k + (20% of $650k + 500k) >= 1.4m
650 + 500 + 230 = 1.38
So we can see that if a block is...