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Should i invest in an apartment? Many property investing experts say NO. Indeed, so many of the best buyers agents in Australia simply DO NOT buy apartments.
But Sydney apartments are now growing at DOUBLE the rate of houses.
Are they overlooking the data?
We unpack WHY apartments may be set for short term growth, including:
1. Value - apartments are showing strong value signals, being significantly underpinned relative to houses vs history. A typical 20% spread in median dwelling values has DOUBLED in recent years.
2. Affordability - lower price points are the name of the high interest rate game! Apartments are more affordable, and that means more demand in a money-strapped environment.
3. Supply - we are NOT building enough, don't have enough & aren't even approving enough. The supply pipeline is horrible, with around HALF of the total apartment supply required actually being delivered over the 3 year period ahead.
4. Population - new entrants & students often prefer apartment living. With the population boom underway, does that add to more demand for apartments?
Reach out to us at www.australianpropertytalk.com.au
By Redom SyedSend a text
Should i invest in an apartment? Many property investing experts say NO. Indeed, so many of the best buyers agents in Australia simply DO NOT buy apartments.
But Sydney apartments are now growing at DOUBLE the rate of houses.
Are they overlooking the data?
We unpack WHY apartments may be set for short term growth, including:
1. Value - apartments are showing strong value signals, being significantly underpinned relative to houses vs history. A typical 20% spread in median dwelling values has DOUBLED in recent years.
2. Affordability - lower price points are the name of the high interest rate game! Apartments are more affordable, and that means more demand in a money-strapped environment.
3. Supply - we are NOT building enough, don't have enough & aren't even approving enough. The supply pipeline is horrible, with around HALF of the total apartment supply required actually being delivered over the 3 year period ahead.
4. Population - new entrants & students often prefer apartment living. With the population boom underway, does that add to more demand for apartments?
Reach out to us at www.australianpropertytalk.com.au

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