Phil McCarroll writes an article for the online magazine Your Investment Property wherein he discusses the “critical condition” of rental affordability in Sydney. The Rental Affordability Index (RAI) says that the Greater Sydney area may force an average household to witness housing stress. The low income bracket may fare even worse.
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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 and Melbourne To Remain Strong For Another 6 to 12 Months
Phil McCarroll writes a piece for the website Your Investment Property where he quotes a survey citing that the prices in Sydney and Melbourne are likely to rise for another 6-12 months. The top financial institutions are buoyant about the prospects of these two capital cities at least over that period.
Some Revealing Stats About Sydney’s Real Estate Status
Kevin Turner writes a piece for the website Property Update where he takes a cue from an earlier article written by John McGrath to shed light on the Manhattan effect prevailing in Sydney. It is well known that when demand rises, it takes property prices on a proportional upswing.
Rentvesting: New Mantra of the First Home Buyers
John Hilton writes an article for the website Your Investment Property wherein he talks about the idea of living “in your dream home” and investing in properties at the same time. You can say it may be a tricky proposition given the way cost of properties is increasing. So let’s not waste any time and look into how Hilton aims to achieve this goal.
Property Market May Finally Cramp in 2016
Phil McCarroll writes an article for the website Your Investment Property wherein he argues about the next year being a slow one for the property market. After the year 2012, Australia’s housing market may grow to its feeblest, says McCarroll. We may witness something to the tune of 3-8% growth in 2016.
Want to Buy Properties Below $1M? Look Beyond These Suburbs
George Raptis writes an article for the website Property Update in which he talks about certain areas of the Sydney property market where you cannot buy properties for less than $1 million.