Oct 14 2024 21 mins 5
Sydney's housing market is set to transform once again! In this episode, we dive into the new duplex and terrace opportunities under the latest planning changes coming into effect later this year or early next. These changes will allow duplexes and terraces to be built in R2 zones, presenting a unique window for investors and homebuyers alike.
🏘️ Key topics covered:
1. What the new planning changes mean for duplexes and terraces.
2. How the 2020 planning change laid the groundwork for what's happening in 2024-25.
3. What land sizes and locations to target to take advantage of this opportunity.
4. Why this is a big chance for Mum and Dad investors, and not just developers.
5. My personal investment success story using similar planning rules in 2020.
With these changes, the potential for wide-fronted R2 lots across Sydney is significant. Whether you're an investor looking for your next project or a homebuyer considering your options, this episode is packed with insights into the new planning landscape.
🔑 Takeaways:
Duplexes will be allowed in many more locations, including areas zoned R2, making it easier for investors to create valuable property.
Terraces will be permitted in lower-density areas, allowing for greater density without the need for high-rise apartments.
Opportunities are broad, making this change accessible to both investors and owner-occupiers alike.
#SydneyProperty #PlanningChanges #Duplex #Terrace #SydneyRealEstate #AustraliaPropertyTalk #HousingCrisis #SydneyInvesting
Reach out to us at www.australianpropertytalk.com.au
