A change of government next week could bring property developers flooding back to NSW.
A report in the Australian suggests that a number of residential developers are putting plans in place to return to NSW. Among the developers looking to return to the state are Stockland, which recently purchased 40ha in Maitland for $22m, Devine and Lang Walker. The Goodman Group is also rezoning parcels of Sydney industrial land for development.
According to the Metropolitan Plan for Sydney, 770,000 extra homes are needed in the city by 2036. A number of lobby groups have called for the next government to prioritise the supply of housing in urban areas and city fringe.
Do you have more than $120k in your super fund? You could use your super to buy property - Find out how
Top Suburbs :
Get help financing your investment
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.
We value your privacy and treat all your information seriously - you can check out