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Sydney property: Sellers are joining forces with neighbours to make even more cash as land is in high demand

Tawar Razaghi Save Share Neighbours and friends are banding together to cash in on Sydney’s booming property market, teaming up to sell their blocks as a combined development site – sometimes repeatedly. A shortage of land for sale has prompted sellers to come together across the city to increase the value of their homes by marketing them for their development potential, and buyers are paying a premium to be able to build their dream home or a medium-density development. 1-3 Blacket S...
New South Wales David Walker Maritime Services First National Real Estate Daystar Michael Sleiman National Real Estate Daystar Michael Sleiman
Source: afr.com

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