Sydney and Melbourne Register Awesome Capital Growth
An article on the website Smart Property Investment sheds light on the phenomenal performance of Sydney and Melbourne over the latest growth cycle. Tim Lawless (R.P Data) went to the extent of stating that the country is witnessing a two-tier condition with the growth being lethargic in every capital city and breathtaking in Sydney and Melbourne.
Rental yields are declining and this certainly is a cause for concern for both the mega cities. Despite tremendous opportunities for capital growth, low rental yields may make investors look elsewhere for investments.
You can read the original article here.