Latest / The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1605 300K To Build Now $700K!
Build costs are skyrocketing. Tight labour market. Materials up. Developers squeezed from every angle.But here’s the silver lining 👇If you can’t replicate a property at today’s construction prices, that sets a floor under property values.We’re not talking land. Not profit.Just build costs — around $700k+ before land.To replace a 1–3 bedroom apartment today? You’re looking at $1.2m–$1.3m.If you already own property… you’re holding a serious asset.Property isn’t just something you want.It’s something you need.#PropertyMarket #RealEstate #WealthBuilding #Investing
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