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OtherNina HendyTue 14 Dec 21

[+] Cashed-Up Downsizers Driving Lower North Shore’s Highs

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Developers are jostling for elbow room on Sydney’s lower north shore in a bid to attract cashed-up downsizers who want much larger apartment-style living in the post-Covid era.

This swanky part of Sydney has become a mecca for developers, with several key projects bringing new stock to market as cashed-up buyers circle.

Projects are being sold faster than they can be built in part thanks to a six-month lag in development application assessment times due to councils bolstering inspections and requirements under NSW Building Commissioner David Chandler’s cracks down on developers.

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Nina Hendy
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Article originally posted at: https://www.theurbandeveloper.com/articles/sydney-lower-north-shores-booming-downsizers