Latest / The PROPERTY DOCTORS, Sydney Australia Novak Properties
NOVAK NEWS - WHAT'S REALLY STOPPING NEW HOMES? CLUE: IT'S NOT BUYERS
WHY NORTHERN BEACHES PRICES KEEP RISING 📈🔥Less land. Fewer builds. Developers stepping back.And the DA numbers prove it 👇DA LODGEMENTS — THEN VS NOW:🏗️ 2020–21:• 213 new dwellings• 140 secondary dwellings🏗️ 2024–25:• 171 new dwellings• 86 secondary dwellingsThat’s a massive drop in supply — and it’s exactly why prices aren’t slowing down.Developers are cautious, construction costs are up, the maths isn’t “mathing”… and even if they can build a duplex, many won’t.Meanwhile, off-the-plan is shining ✨Limited stock. Established suburbs. Strong demand.(And yes… 6 people in our office have bought…
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