Did you know that Sydney’s residential property prices have risen 60% in the past 4 years? I was shocked when I read this stat! Read the full article here.
In other news we show you how you can access your homes equity and how social media reviews are effecting holiday investment properties. Interesting data out is showing that old apartments are selling for higher prices than new ones, and we’ve just seen two consecutive months of quarterly growth in Perth as well as new home sales starting to increase again in all states except NSW.
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The Sydney Property Bubble
Property growth is outstripping wage growth making it harder for new homebuyers to enter the market.