Renters should buy now!!
Increasing rents have boosted the housing component of the Consumer Price Index (CPI) by 0.9 per cent for the quarter and the overall annual increase to 5.5 per cent, that’s according to Australian Bureau of Statistics (ABS) figures released this week.
The CEO of Real Estate Institute of Australia has said, “The majority of this increase [...]
Top growth performing suburbs!!
RP Data released its top price growth suburbs, recording the greatest increase in median house and unit prices during the 12 months to December 2008.
North Sydney suburbs were the standout performers for both houses and units with median house prices appreciating 47.4 per cent in McMahons Point and unit prices growing 49.8 per cent in [...]
Cheap inner-city areas – where are they?
It’s well known, buying properties within 10km of capital cities are generally a good investment, but where ARE the most affordable areas?
Did you know there are suburbs within 5km of capital city centres where the median unit price is $200,000 and the gross rental yield 5.33%?
You really don’t have to buy far from the [...]