🚨 “The issue isn’t investors… the issue is supply.”
Big takeaways from the budget discussion with Mark Novak & Josh Wapshott 👇
🏗️ Developers aren’t building because many projects simply don’t stack up anymore.
Heavy compliance, taxes, and rising costs are killing feasibility.
📉 “99% of development sites don’t make money.”
🏠Existing landlords may actually be the winners from these changes.
đź’Ž Prestige owner-occupier markets?
Areas like Manly & Watsons Bay could continue to outperform as buyers prioritise lifestyle and security over multiple investments.
🚧 Supply remains the core issue:
• New housing isn’t being delivered fast enough
• Immigration continues to rise
• Investors face more uncertainty
• Fewer people may choose to sell
📦 One interesting angle:
Off-the-plan properties may become even more attractive because of the remaining tax advantages.
What do you think — will these policies help housing affordability, or make supply even tighter? 👇
#PropertyMarket #AustralianProperty #RealEstateAustralia #SydneyProperty #PropertyInvestment #HousingCrisis #RealEstate #PropertyDeveloper #NegativeGearing #InvestmentProperty #LuxuryProperty #SydneyRealEstate
