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I agree the older style blocks provide much better value than the new. My point is the oversupply of new units is (and will continue) to affect the demand on the older. There's only a finite number of renters. Rents have dropped slightly and the situation is not going to get any better.. Only worse.

I used to favour units over houses for quite a few reasons e.g lower buy in costs to buy more and spread risk, lower costs lets you buy closer to cbd, higher yields, lower maintenance and net yield after factoring in bc fees, change in demographics with younger generations wanting to live close...