Latest / The PROPERTY DOCTORS, Sydney Australia Novak Properties
EP. 1454 HOW MANY UNITS IS TOO MANY IN YOUR SUBURB! DEPTH OF MARKET
Ever wonder why some properties sell for premium prices while seemingly identical ones struggle to find buyers? The answer often lies in a concept real estate professionals call "depth of market" – and it might be the most underappreciated factor in property pricing today.Depth of market refers to the absorption rate of properties in a specific area – literally how many units a suburb can sell each month. Whether you're a developer planning your next project or a homeowner timing your sale, understanding this concept can have more impact on your bottom line than broader market trends.Through…
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