As every family grows, new members added, no doubt, there will be a need to increase living space, and that can be tricky. Then questions arise whether to rebuild, renovate, or sell and buy a bigger space. The latest trend in Sydney is to knock down and rebuild. This trend is due to the increasing shortage of living space in Australia’s Suburbs and, specifically, Sydney.
As per the statistics, real estate prices have gone up again, making it more expensive to purchase a new home. The following are the real estate prices to understand the figures better:
As seen from the data, it is much cheaper to knock down and rebuild Sydney as the real estate prices are soaring. Many companies offer to do this, but every client must do a few necessary checks before hiring them to redo homes, as it is no small investment.
The process of knockdown and rebuild:
Reasons to knock down and rebuild:
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