Latest / The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1619 Units Doing Better Than Houses?
🏡 Houses vs Units – What will perform better over the next decade?The Northern Beaches property market has been throwing up some extraordinary unit prices lately… which raises the question: where will houses land in the next 5–10 years?📊 Recent data shows:• 5 years: Houses ↑ 60% | Units ↑ 41%• 10 years: Houses ↑ 112%But the real driver behind long-term growth isn’t just property type — it’s supply vs demand.Areas flooded with new developments can struggle with capital growth. When supply doubles, prices often stagnate.Example: Some high-density suburbs have seen only modest growth over the…
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