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EP. 1730 - THE IMPOSSIBLE BUILD (3x from 2019) GREEDY DEVELOPER??? episode artwork

EPISODE · Aug 31, 2026 · 11 MIN

EP. 1730 - THE IMPOSSIBLE BUILD (3x from 2019) GREEDY DEVELOPER???

from The PROPERTY DOCTORS, Sydney Australia Novak Properties · host Mark Novak, Michael Burgio

🏗️ WHY AREN’T MORE APARTMENTS BEING BUILT? The issue isn’t necessarily a lack of developers ready to build — it’s whether the numbers actually stack up. ✔️ Construction costs have risen significantly ✔️ Land, compliance and taxes add further costs ✔️ Developers still need a viable margin ✔️ A mix of 1, 2 & 3 bedroom apartments may be required ✔️ In some areas, the end sale price simply doesn’t cover the total cost The result? Developers with the money, experience and capacity to build may choose to sit on the sidelines. More density might be approved, but if a project isn’t financially viable, will it actually get built? 🤔 #PropertyDevelopment #SydneyProperty #PropertyMarket #NorthernBeaches #RealEstate #Development #HousingSupply #PropertyAustralia

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EP. 1730 - THE IMPOSSIBLE BUILD (3x from 2019) GREEDY DEVELOPER???

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