Real Estate & Home

Apartments in NSW could be $200k cheaper if the state made a few key changes

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A report suggests that targeted reforms to New South Wales' Apartment Design Guide, parking regulations, and development contributions could reduce apartment delivery costs by up to $200,000 per unit. This is vital for developers and tech professionals in the construction and urban planning sectors, as it offers potential pathways to improve housing affordability and feasibility through regulatory adjustments and design modernization. An implication to watch is the adoption rate of these proposed reforms by the state government.

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Apartments in NSW could be $200k cheaper if the state made a few key changes

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