We know the grind- land can only appreciate in value because “they are not making any more of it”. This makes the detached houses the traditional favourites (still going strong) of the property investors; after all, they have a redoubtable underlying land value. This said, how does the situation play out in the case of apartments?
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Are House Prices Turning Unaffordable?
Homes haven’t become any unaffordable but the real estate story is turning out to be a dismal one for the first home buyers. They give an impression of being squeezed out of contention by the investors.
Value Growth Close to Unsustainable levels
In the property cycle which commenced in the month of June 2012, prices have attained really high proportions in the last 9 months or so. An article on the website Smart Property Investment talks about how Sydney has superseded its previous peak by a staggering 15.8%.
Experts however opine that such rate of growth is bound to come down- eventually settling for a more sustainable percentage. The RBA will be tempted to push up cash rates if capital gains persist in the way they are.
This said, March performances need not be given too much emphasis as the month, along with September, has historically been the best months for the real estate.
You can read the original article here.
Reasons Behind the Property Investment Upswing
Australian property investment scenario is on an upswing, driving investment punters upbeat. According to the latest survey by Comm Bank, the country’s Real Estate picture looks green, reports an article on the website news.com.au. This has been largely possible through the fortunate merging of several positive factors.
How Well Placed Is the Housing Sector?
In the view of Peter Kouilzos, 2014 is beautifully interspersed with buying opportunities. In an article for the website realestate.com.au he asserts that the investors would love how 2014 shapes up and least because of a super growth in prices. It is just that so many factors are expected to combine well to make it a happy-hunting time for property investors.
Modernist Designs Get Their Due
Modernist symbols like glass and steel can be procured cheaply by manufacturers and the fact that they lend to the needs of uncluttered spaces and purposeful designing makes modernism a much liked concept today. In an article for the website realestate.com.au, Holly Jones talks about how we have come to prefer clean and purposeful furniture placement, easy-on-the-eye illusion of space, and uncluttered look in our homes. All of these add to the level of sophistication.
The modernist idea also borrows heavily from the minimalist look- where anything not completely required is left out. Jones is right in her evaluation that this trend may be a direct result of the success of open plan living.
You can read the original article here.
How do you measure Modernist against Bohemian against Traditional?
