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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