Hi everyone,
I've been going through the ABS 2011 Census data to try and create some useful maps for property investors and I've created sets of maps for the five major Australian cities showing how much renters are paying. Hopefully, this will help you get an idea as to where it would be profitable to invest. I've created the maps at the highest level of data detail available, to give you the clearest picture.
The map for Sydney is here:
http://voommaps.com/maps-of-median-rent/sydney-median-weekly-rent-map/
For Sydney, there's a clear divide, with a 45-degree line of sorts cutting through the metropolitan area of high rental returns and low rental returns.
You can find the other cities' maps here:
http://voommaps.com/maps-of-median-rent/
I've been going through the ABS 2011 Census data to try and create some useful maps for property investors and I've created sets of maps for the five major Australian cities showing how much renters are paying. Hopefully, this will help you get an idea as to where it would be profitable to invest. I've created the maps at the highest level of data detail available, to give you the clearest picture.
The map for Sydney is here:
http://voommaps.com/maps-of-median-rent/sydney-median-weekly-rent-map/
For Sydney, there's a clear divide, with a 45-degree line of sorts cutting through the metropolitan area of high rental returns and low rental returns.
You can find the other cities' maps here:
http://voommaps.com/maps-of-median-rent/