Is Your Home a Hidden Gem?
Discover its Development Potential with Domain Project Sales
Ever looked at your property and wondered, “Could this be more than just a home?” You might be sitting on a development site without even realising it! At Domain Project Sales, we’ve helped countless homeowners on the Northern Beaches, just like you, unlock the hidden potential of their properties for over 30 years.
We’re the local experts. No one knows the Northern Beaches development scene better than us. We’ve successfully managed more projects than any other agency in the area, and we have a network of renowned developers ready to explore your property’s potential. What’s more, we’re a local family owned and operate business with a community minded approach to the entire development and real estate process.
We're here to answer any questions
Understanding the Opportunity
Zoning: The Secret Code to What's Possible
Zoning is like a rule book for your property. It tells you what you can build. Zoning codes like R2 or R3 determine the types of development allowed, whether it’s apartments, townhouses, or a mix of both.
Land Area: Size & Location Matter
Generally, the bigger your property, the more potential it has. But don’t rule yourself out if you have a smaller block! A prime location, even with less land, can be incredibly valuable to developers.
Easements: The Hidden Pathways
Easements are like pathways across your property that others might have rights to, often for things like stormwater drainage. They can affect how a developer designs the layout of a project.
Existing Trees: Guardians of the Land
Trees add beauty and value, but some trees are protected. Developers need to consider these carefully when planning a project, as removing them might be restricted or require special approvals.
Gradient & Amenities: Location, Location!
Is your property flat, sloped, or hilly? This can influence the type of development that’s suitable. Also, being close to shops, parks, and beaches makes your property even more desirable.
Distance to Transport: Easy Access is Key
Properties near buses, trains, or ferries are a big plus for developers. Easy access to transport is a major selling point for future residents and is a primary consideration for council approvals.
Recent LMR (Low and Mid-Rise) Zoning Changes in Sydney:
A Simplified Explanation
The government wants to make it easier to build more diverse housing options in Sydney. They’ve made some changes to the rules about what can be built in certain areas, especially near train stations and town centers. This is what’s happening:
- More “Missing Middle” Housing: They want to encourage more of what they call the “missing middle” – townhouses, terraces, and low-rise apartments. These are the types of homes between single-family houses and high-rise towers that are often lacking in Sydney.
- Building Up Near Transport: Areas close to train stations and town centers are likely to see more development. This makes it easier for people to live near transport and amenities, reducing reliance on cars.
- Dual Occupancies Allowed: It’s now easier to build dual occupancies (like duplexes) on more properties, even in areas that were previously just for single houses.
- Some Restrictions Still Apply: The changes don’t mean you can build anything anywhere. There are still rules about things like height limits, setbacks from boundaries, and protecting heritage areas.
What does this mean for homeowners?
- Increased Property Value: If your property is in an area where more development is allowed, it could become more valuable. Developers might be interested in buying it to build new homes.
- New Housing Options: You might have more options for building a granny flat, adding a second dwelling, or even redeveloping your property into townhouses or a small apartment building.
- Changes to Your Neighborhood: You might see more construction and potentially more density in your area as new housing is built.
It’s important to note: These changes are complex, and the specific rules vary depending on your location. If you’re thinking about developing your property, it’s crucial to get professional advice and check with your local council to understand how the changes affect you.
Ready to explore the possibilities? Here's how we can help:
- Free Property Assessment: We’ll visit your property, analyze its features, and provide an honest assessment of its development potential.
- Market Evaluation: We’ll give you a realistic idea of what your property could be worth to developers, based on current market conditions and recent sales.
- Developer Network: We’ll connect you with our extensive network of reputable developers who are actively seeking prime development sites on the Northern Beaches.
- Negotiation & Sales: We’ll handle all the negotiations and paperwork, ensuring you get the best possible outcome for your property.
We're here to answer any questions
About Domain Project Sales
Domain Project Sales (DPS) is a project-focused real estate agency that brings high-end luxury homes to Sydney’s Northern Beaches. With over 30 years’ experience, specialising in landmark developments, they have helped thousands of people purchase a new home.
Using only the best architects, interior designers, developers, and builders, DPS is proud of its contribution to communities, bringing an upmarket aesthetic with homes that stand the test of time.
