A new ‘build-to-rent’ development is coming to Sydney’s west with Urban Property Group pouring $1b into build to rent projects. As Sydney’s house prices continue to rise, rental markets are expected to continue to tighten with the first homebuyer dream etching further for many property seekers. The share of rental properties vacant and available in Sydney remains 59 per cent lower compared to the start of the pandemic, according to PropTrack data reported in November 2023. Urban Property Group is continuing to funnel money into developments in the space, with an estimated $1 billion worth of build to rent projects in the pipeline…
