The managing director of Australia’s biggest brick supplier says real estate prices in Sydney are close to their peak in this cycle, and there’s not much more upside.
Brickworks runs the Austral Bricks business which sold 670 million bricks in 2015-16 to hit a record, with their products used in 50 high-rise apartments alone in NSW and managing director Lindsay Partridge said he thought real estate prices in Sydn…
Read the full article at: http://www.afr.com/business/construction/brickworks-boss-says-sydney-real-estate-prices-close-to-peak-20160921-grky2n