TREND 5:
QLD, SA AND WA HOTSPOTS FOR DEVELOPERS
With the gap between the affordability of houses vs apartments widening, the prospects for apartment growth are very encouraging Australia-wide.
However, Queensland, Western Australia and South Australia are definitely the markets to watch in 2022 and beyond.
“One of the best parts of this latest boom is that it is national, so it’s pleasing to see our customers’ portfolios growing. However, Qld and WA have been what we consider to be underbuilt in the last few years, so the opportunity exists for developers to take advantage of the growing demand .”
TREND 6:
THE BALANCE BETWEEN AFFORDABILITY AND DESIGN INTEGRITY TO BE THE SWEET SPOT FOR DEVELOPERSS
With challenges in construction costs creating more risk, particularly in the high-density apartment space, and buyers becoming far discerning, getting the right project is key.
“One of our greatest strengths is that we are highly selective with who we work with, and due to our longstanding relationships with key developers around Australia, we predict an exciting 3-4 years ahead.”
If you would like to know more about how Ironfish can assist you with your development project, contact an Ironfish Business Development Manager today. Email Us