Phil MacCarroll writes an article for the website Your Investment Property wherein he talks about a decline in Sydney’s vacancy rate despite the fact that the inner city housing stocks have been boosted. City wide vacancy rate dropped by -0.2% to sit on 1.8% and this tightening of vacancy is surprising given the introduction of new housing stock.
Fall in vacancy rate in Middle Sydney just reaffirms that tenants are looking for affordability and the same thing happening in outer regions point to a higher number of jobs there.
For the record, Illawarra in NSW has the lowest vacancy rate of 0.6%.
You can read the original article here.
In an article for the website Your Investment Property, Phil McCarroll discusses whether Sydney has had its fair share of apartment supply and if it can afford any more anytime soon. While some fear apartment oversupply, there are many experts who feel that we are only catching up after a long period of undersupply.
Cameron Kusher writes a piece for the website Property Update wherein he talks in depth about the Sydney housing market and what the present trends may mean. Kusher diagnoses the problem using nine indicators.
In an article for the website Your Investment Property, Phil McCarroll talks about the moderation in property growth expected in Sydney and Melbourne in the months to come. Experts believe that it may not be wise to predict a complete downturn for the two capital cities but a “moderation in strength” is certainly on the cards.
I recently read an article on Your Investment Property which talked about minimised approval times for new housing and how this change can help streamline projects and cut the cost and time of developing them. This is definitely good news, as red tape oftentimes chokes the project pipelines.
An article on Your Investment Property talks about Chinese real estate investors turning to non-bank lending institutions for loans, a migration that can be put down to the unwillingness of banking institutions when it comes to lending money.
