Developer surge on Sydney’s hot-selling North Shore
Developers are descending on Sydney’s North Shore, with strong underlying demand from upgraders and downsizers and a shortage of premium dwellings providing the foundations for more than $4 billion worth of new townhouse and apartment projects.
Mirvac expects to capitalise on the North Shore's status as one of Sydney's most desirable locations with its Willoughby project. Photo: Mirvac (Image source: Shutterstock.com)
Developers are descending on Sydney’s North Shore, with strong underlying demand from upgraders and downsizers and a shortage of premium dwellings providing the foundations for more than $4 billion worth of new townhouse and apartment projects.
With the North Shore considered as one of Sydney’s most desirable corridors, developers have been competing strongly for suitable sites, with more than $1 billion in development site sales settled in the …
