Mirvac forecasts strong growth despite settlement delays

By Carolyn Cummins
Updated October 25 2016 - 3:18pm, first published 3:04pm
At Harold Park in Sydney, Mirvac said there was only one remaining lot to be settled across all completed stages.
At Harold Park in Sydney, Mirvac said there was only one remaining lot to be settled across all completed stages.
Mirvac recently opened the Tramsheds at Harold Park, Sydney. Photo: Cole Bennetts
Mirvac recently opened the Tramsheds at Harold Park, Sydney. Photo: Cole Bennetts

The number of apartment buyers defaulting before settlement has risen above Mirvac's historic average of 1 per cent following banks' clampdown on lending to overseas investors.

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