Posts Tagged ‘Sydney’

Savvy investors shun Sydney and Melbourne, and look to Adelaide

Australia’s housing affordability crisis is forcing young people to take extraordinary steps – whether it’s a home a long way from the city or a tiny spot in a block of flats.

Sydney IT accounts manager Rob Cooper is one homebuyer who’s looked outside the square. He rents in Woolloomooloo but can’t afford to buy there, so he’s purchased a rental property in a trendy city suburb … Read more »

More Sydney suburbs have a median house value of $2 million than a median value under $600,000

Source: CoreLogic

We take a retrospective look at median dwelling values across the suburbs of Australia to show the deterioration of more affordable housing across the capital cities.

A retrospective look at median dwelling values across the suburbs of Australia shows the bracket creep that has occurred over the current growth cycle, highlighting the deterioration of more affordable housing across the capital cities over the past five years.

At the end … Read more »

School catchment zones

School catchment zones: how do they affect your investment?

Figures released by Domain in their 2015 school zone report, suggest that property prices for homes within school catchment zones have increased significantly over the past year. Although the report shows Sydney prices rose by more than 50 percent recently in Parramatta and Harris Park in Sydney’s west, is purchasing an investment near a school zone helping or hindering the value of the property?

Whether a homeowner or a tenant, parents … Read more »