WBC says Median price for Cammeray and Northbridge is $3,000,000
At Cammeray you can have 2 properties for that price. Spend $100,000 max to roof the rear dwelling and lay down the driveway. The front semi-property can sell as 2 br with off street parking @ $1.5 Mill. and the rear property can sell 2 storey with basement and top floor patio with driveway and lockup garage. Say $2.5mil
OR you can sell to a developer for $3.6mill and make 200k