Latest / The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1504 - NEW UNITS HITTING DEE WHY HARD
🏙️ Too many units in DY?We hear it all the time: “I don’t want to buy in Dee Why – there are just too many apartments.”But let’s look at the facts ⬇️✔️ DY has had apartments for 70 years. Most were built in the 60s/70s (≈8,600).✔️ In the last 10 years, only ≈700 new ones were added.✔️ Compare that to Mascot: 2k → 32k in ~15 years 😳✔️ New and old stock don’t compete — they attract totally different buyers.✔️ Every off-the-plan unit sold through us in DY has resold for more.💡 And remember: most new projects are pre-sold before completion. They don’t “flood” the market.DY isn’t oversupplied —…
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