In this episode of Property Insights, Mark Bouris sits down with Andrew Hrsto, Founder and CEO of ALAND, for a candid look at the apartment market from someone who has built it from the ground up.
Andrew Hrsto founded ALAND in 2002 and has grown it into one of Sydney’s most prolific apartment developers, with thousands of apartments delivered across Western Sydney and beyond, and projects now reaching the Central Coast and North Sydney. He has spent more than three decades in property and construction, and is also a long-time sponsor of the Parramatta Eels.
Mark and Andrew get into the things every buyer wonders about: what makes one apartment worth more than another, why brand, build quality and a walkable location now drive demand, and how the apartment buyer has changed from mostly investors to downsizers and owner-occupiers. Andrew also explains why so much of an apartment’s price comes down to taxes and imposts, why projects are harder to deliver than they were ten years ago, and where he thinks home ownership is heading, including the rise of build-to-rent and the lifelong renter.
