Step 1: Recognize the parallelogram formed by 0, z, iz, z+iz.
Since \(z+iz\) is just \(z\) shifted by the vector \(iz\), the four points \(0,z,z+iz,iz\) form a parallelogram with adjacent sides given by the vectors \(z\) and \(iz\).
Step 2: Split the parallelogram along its diagonal.
The diagonal joining \(z\) and \(iz\) splits the parallelogram into two congruent triangles, one of which is exactly the triangle with vertices \(z, iz, z+iz\) asked about here.
So its area is half the parallelogram's area.
Step 3: Compute the parallelogram area from the two side vectors.
For vectors \(z\) and \(iz\), the parallelogram area is \(|\operatorname{Im}(\overline{z}\cdot iz)|\).
\(\overline{z}\cdot iz = i\,z\overline{z} = i|z|^2\), which is purely imaginary with imaginary part \(|z|^2\).
So the parallelogram has area \(|z|^2\), and the triangle has half of that.
Step 4: Conclusion.
\[ \boxed{\frac{1}{2}|z|^2} \]