Housing affordability is the hot topic of discussion at BBQs and offices around the country. As the Federal Budget draws near, it’s interesting to look at how housing affordability is being addressed to date and also see the speculation about how the government might address the issue. What’s happened to date: Victorian Government: Cuts to […]
Property investors speculating on capital gains need to be careful as rental yields in Sydney and Melbourne hit record lows. Low rental yields make property investment less affordable and investors more exposed to increases in interest rates, according to The Sydney Morning Herald. CoreLogic figures show the “gross” yield – before costs – on both houses and units reached record lows […]
Three groups of homes on the same street and zoned R4 for high density residential development are on the market in Penrith. Located on Hope St, the listings are hot property for developers hunting for apartment sites. On top of this, demand for housing close to Nepean Hospital, which is within walking distance from Hope St, is on […]
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