The rental growth bandwagon for Sydney’s Eastern Suburbs has come to a bit of a decline. However, the overall growth rate of 0.8% cannot be thought of as portentous because it does not have to do with any fundamental deficit. Jonathan Chancellor for the Property Observer explains the conundrum.
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Sydney Property Market Gets A ‘Spring’ In Its Stride
The Sydney property market is flush with a rare kind of enthusiasm in anticipation of a bumper spring ahead. Toby Johnstone for the Domain writes that this spring season might witness the maximum number of property sales in recent memory. Low interest rates have brought in a real turnout of buyers from all hierarchies.
What’s the Future Outlook for Sydney Home Values?
While the nominal value for homes may have spiked distinctively, the real value or the inflation-adjusted value of properties have not seen any appreciable growth. Cameron Kusher for the “Research Blog” writes that the scene is definitely laced with gold when you compare it to the times of GFC but home values still leave a lot to be desired. Kusher feels that there is no big change around the corner either.
Sydney can successfully sail against the ‘price decline’ tide
Sydney prices are up by 4% in last 6 weeks, observes RP Data. Pete Wargent for the Property Observer is not surprised, despite rumours of falling housing market in the wake of interest rate slash in May.
Sydneysiders Getting Attracted To Inner City Living
There is an undeniable movement towards inner city living and cafe lifestyle. The trend that had picked up in all major international cities quite a while ago has come to Sydney a trifle late. The trend, nevertheless, is there to stay, writes Carlie Ziri for the Property Observer.
What If The Australian Property Bubble Is Made Of Rock?
In an ideal world there will be no cynics. There won’t be people sitting on the fences and announcing the height of the next tide. In an ideal world, whenever that kind of a world chooses to appear, we will all be men of action. We will give due relevance to thoughts but won’t at least be carried away by cynical or baseless assertions of a few. For instance, we won’t be eager listeners to the chant of “Australian property is in a bubble” because if we care to find out, this is far from the truth.
