Australians are enticed with properties irrespective of the fact that they are not the most lucrative investment class. In an article for the website The Adviser, Miranda Brownlee informs that Australians pool in 27 % of their portfolio into real estate. This is a good 10% above their nearest counterparts.
Tracey's Property News
Gulf Between House and Unit Prices Increasing
Australia is witnessing a flurry of “detached house” supply, in the process further widening the gulf between houses and units. The situation, as it presents itself, brings about an unhealthy dimension of our real estate.
Why despite being more affordable are the units given a miss by property investors? It is not that the units are not selling but houses selling much more vigorously is a clear indicator of how the market is trending.
Property Investors Need Two-pronged Research
In an article for the website Your Investment Property, Miriam Bell says how investors should conduct a two-pronged research before going ahead with a property purchase. Statistics and fundamental drivers are equally important and work well cumulatively, if thorough diligence is applied by the property investors.