An article on the online edition of The Adviser throws light on the precarious territory which Sydney real estate may move towards in the year 2016. From being a show-stealer in 2013 and 2014, it may turn into an also-ran city next year, when Sydney house prices are expected to register less than 4% growth.
All Commentaries
These are all commentaries on articles and videos on the web that are interesting, relevant or simply entertaining to people interested in Sydney Real Estate.
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Sydney’s New Adventure with Median House Prices
In an article for the website Your Investment Property, John Hilton talks about Sydney’ s new tryst with real estate adventure- the harbour city has gone past the $900,000 mark in terms of median house values. The March quarter witnessed a 3.6% hike in median values. The increase affected not only the detached dwellings but apartment units as well, whose median house prices have shot up by 1.2% during the same period.
Glaring Mortgage Statistic Revealed
Michael Yardney writes a scathing piece on the present mortgage situation in Australia for his website Property Update. He begins with the powerful statement, ”buying a home worth $611,000 will set you back by $1 million over the life of your mortgage”. This, put in another way, means that homes today come with at least a million-dollar price tag.
Sydney Property Market Hasn’t Peaked Yet
In an article for the website Property Update, Kevin Turner talks about the real estate market of Sydney and advises investors not to panic in the wake of falling property prices. It has not dawned on us any recently that Christmas brings with it a lot of property adventure.
Why Property Prices Are Higher Than 3 Decades Ago
In an article for the website Property Update, Pete Wargent discusses 7 reasons why property prices today are nowhere near the levels they were at three decades ago. Wargent begins the article by recommending to investors to capitalise on the phenomenal population growth and cramped supply in urbanised locations.
Does Proximity to Railway Stations Increase Property Values?
Eliza Owen writes an incisive piece for the website Property Update, wherein she asks if infrastructure is the bedrock which supports property values and raises them. Sydney is all set to be flooded with railway tracks spread across its length and breath. Come 2019, light rail will run through Chatswood and Eastern Suburbs.