Hi All,
I'm wondering what peoples opinions are with regards to all this apartment supply that will come online in Sydney in the next 12-24 months.
Most suburbs in the Sydney metro have some apartment development activity going on at the moment. For example when I drive past Liverpool every day I can see about a dozen cranes.
My question for the forum members is whether Sydney can absorb this glut of apartment supply that will come online or is Sydney headed down the same fate of Melbourne where apartment values in certain parts of Melbourne CBD have stagnated for over a decade?
Regards,
Q
I'm wondering what peoples opinions are with regards to all this apartment supply that will come online in Sydney in the next 12-24 months.
Most suburbs in the Sydney metro have some apartment development activity going on at the moment. For example when I drive past Liverpool every day I can see about a dozen cranes.
My question for the forum members is whether Sydney can absorb this glut of apartment supply that will come online or is Sydney headed down the same fate of Melbourne where apartment values in certain parts of Melbourne CBD have stagnated for over a decade?
Regards,
Q