Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Thursday 20 April 2017

Units! Thousands of 'em

Roll up

Australia built more than 211,000 dwellings last year, which has meant big bickies for developers, with many apartments being sold offshore. 

And a record 95,000 of dwelling completions were attached dwellings.

Here's where...


Thousands of 'em, indeed.

And here's what is still under construction, in relation to attached dwellings only...


It's a lot, and non-resident buyers are finding financing much harder to come by. 

We're now seeing fairly widespread evidence of significant discounting on new apartment projects in Brisbane.