EPISODE · Nov 24, 2025 · 13 MIN
NOVAK NEWS - WHAT'S REALLY STOPPING NEW HOMES? CLUE: IT'S NOT BUYERS
from The PROPERTY DOCTORS, Sydney Australia Novak Properties · host Billy Drury, Bidhan Shrestha
WHY NORTHERN BEACHES PRICES KEEP RISING 📈🔥Less land. Fewer builds. Developers stepping back.And the DA numbers prove it 👇DA LODGEMENTS — THEN VS NOW:🏗️ 2020–21:• 213 new dwellings• 140 secondary dwellings🏗️ 2024–25:• 171 new dwellings• 86 secondary dwellingsThat’s a massive drop in supply — and it’s exactly why prices aren’t slowing down.Developers are cautious, construction costs are up, the maths isn’t “mathing”… and even if they can build a duplex, many won’t.Meanwhile, off-the-plan is shining ✨Limited stock. Established suburbs. Strong demand.(And yes… 6 people in our office have bought off-the-plan themselves 👀)Less supply = higher prices.It’s as real as it gets on the Northern Beaches.#MorningMinutes #NovakProperties #NorthernBeachesRealEstate #PropertyChat #DAApprovals #OffThePlan #SydneyProperty #NorthernBeachesLiving #PropertyMarket2025
What this episode covers
WHY NORTHERN BEACHES PRICES KEEP RISING 📈🔥 Less land. Fewer builds. Developers stepping back. And the DA numbers prove it 👇 DA LODGEMENTS — THEN VS NOW: 🏗️ 2020–21: • 213 new dwellings • 140 secondary dwellings 🏗️ 2024–25: • 171 new dwellings • 86 secondary dwellings That’s a massive drop in supply — and it’s exactly why prices aren’t slowing down. Developers are cautious, construction costs are up, the maths isn’t “mathing”… and even if they can build a duplex, many won’t. Meanwhile, off-the...
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NOVAK NEWS - WHAT'S REALLY STOPPING NEW HOMES? CLUE: IT'S NOT BUYERS
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