Market drop consequences on property development

02 DEC 2019 By Tasha Levy 9 min read Investor Strategy

Every now and then, a seemingly low-risk investment can backfire due to circumstances beyond the investor’s control.

Melissa Morgan 2019 WEB

Since Melissa Morgan last appeared on The Smart Property Investment Show 18 months ago, she experienced the repercussions of a significant market drop on her development project in Dulwich Hill in Sydney’s inner west.

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Melissa joins host Phil Tarrant on the podcast to share the lessons she learnt from the Dulwich Hill investment, details of her recent eastern suburbs warehouse conversion, and explains why she continues to choose the development route over buying properties that increase in value without any work.

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AREAS MENTIONED

Dulwich Hill
Leichhardt
Summer Hill
Marrickville
Redfern
Strathfield
Stanmore
Petersham
Lilyfield
Waverley
Coogee

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