Property Developer Podcast

115 – Maxwell Shifman – Is Property Development Dead?

Property Developer Podcast

Show Notes

Property development in Australia is getting harder—and this episode unpacks why. Soaring costs, endless planning delays, contradictory government policies, and a risk-averse planning culture are pushing developers to the edge. If you're struggling to make your numbers work, you're not alone. In this episode of the Property Developer Podcast, we explore what’s broken in the system and what needs to change. Our guest, Maxwell Shifman from Intrapac Property, shares blunt insights from the front lines of residential property development including:

Why planning systems are paralysed by zero-risk thinking How rising construction and infrastructure costs are crushing feasibility The myth of affordable apartments near train stations Why government housing targets are set up to fail How rezoning taxes and red tape are stalling supply The real reason developers are shelving projects across Australia Strategies for surviving and adapting in today’s tough market

"We tax housing like we want less of it—then wonder why no one’s building."

Property Development Training Want to learn how to manage property development with confidence? If you're ready to take control of your development journey, check out my Property Developer Training. This step-by-step course covers everything from finding a site to running feasibilities and successfully completing a small-scale development. You'll learn how to avoid the pitfalls I’ve faced and set yourself up for success. New Course: Building Blueprint – Navigating Construction During Turbulent Times To help you successfully navigate the construction phase of any project, I’ve added a brand new, standalone course included with the Property Developer Training called Building Blueprint: Tactics for Navigating Construction During Turbulent Times. This course dives deep into construction contracts, common building pitfalls, and how to mitigate risks during the construction phase. So head over to propertydevelopertraining.com and take a look... I would love to see you on the inside...

Property Developer Quiz Ready to find out if you’re ready to become a developer? Take the free Property Developer Quiz and see where you stand. Whether you're just starting or already working on projects, this quiz will help you assess your readiness and point out any gaps in your development knowledge. Take the free Property Developer Quiz (https://www.propertydevelopertraining.com/quiz) and get a sense of where you are at… Free book - Discover the secrets of a Million Dollar Property Developer Grab Your Free Book: "Become a Million Dollar Property Developer" Want to know how I delivered a 20-townhouse project on my first development? Grab a free copy of my book, Become a Million Dollar Property Developer, where I share the lessons I learned—and how you can apply them to your own projects. Grab a free copy of my popular book Become a Million Dollar Property Developer about my journey into property development at https://www.propertydevelopertraining.com/digital_book. Social Connection Youtube - catch up on all the episodes and my property project updates - https://www.youtube.com/@propertydeveloperpodcast196 Facebook - see what's happening on site, what I'm up to and more on Facebook – https://www.facebook.com/propertydeveloperpodcast Instagram - check out my short videos about developing and my latest site updates on Instagram – https://www.instagram.com/property_developer_podcast/ LinkedIn - connect with me on LinkedIn – https://www.linkedin.com/company/property-developer-podcast Links Intrapac Property - https://intrapac.com.au/ Episode Transcript Justin: Let’s start with your background. How did you get into property development?

Maxwell: So I’ve been in the property industry now for about 17 years. My father was a small developer in Melbourne’s Bayside area, so I was exposed to development early on. I did engineering and law at university, worked in construction law and then forensic safety engineering before joi

More from Property Developer Podcast

Oct 12, 2026

Losing $150,000 in a failed property investment could put you off development for good. For Daniel Rayner, it became a reason to learn the process and take on projects himself. In this episode, I sit down with Daniel, founder of Somerset Developments in South East Queensland, to explore his journey from corporate employment to completing his first land subdivision and building a pipeline of projects.

Aug 31, 2026

If you're a property developer, one of the most important relationships you'll ever have is with your builder. Yet surprisingly few developers ever get the chance to hear how builders actually think.

Jun 10, 2026

Planning approvals have long been one of the biggest frustrations facing property developers. Lengthy delays. Endless requests for information. Different planners interpreting the same rules in different ways. For many developers, obtaining a planning permit can feel like a lottery rather than a predictable process. But is that finally starting to change? In this episode of the Property Developer Podcast, we speak with Anthony Puma from Prestige Plans about Victoria's recent planning reforms and why they could represent one of the biggest changes to property development in years. Anthony has worked on hundreds of development applications and has seen first-hand the challenges developers face when dealing with councils, planning departments and constantly evolving regulations. One of the most fascinating parts of our discussion centres on two almost identical development applications submitted to the same council on neighbouring sites that received completely different responses. We discuss:

Dec 4, 2025

Property development has always been a balancing act — but right now the scales feel especially heavy. Rising construction costs, messy feasibilities, shifting lender appetite, and a market still absorbing the post-COVID shock are making it harder than ever to get a project funded and delivered. If you’ve been feeling the squeeze, this episode will help you understand what’s really going on behind the scenes. In this episode of the Property Developer Podcast, we speak with Zac Constantinou, who started his career delivering medium and high-density projects in Sydney before moving into the finance world where he now works on construction funding and private capital at Shore Financial. Having worked both on site and on the lending side, Zac offers a rare perspective on what makes a project viable — and what sinks it. We cover a wide range of practical insights, including:

Apr 30, 2025

There are few things more complicated during a property development than the builder going bust during the construction phase of a project. It puts you in a very precarious position and becomes very tricky to navigate. So many issues have to be resolved and the whole process can be very stressful and time consuming.

See all episodes →