source: from RPData
Welcome to the myrpdata Property Pulse
Introduction by Cameron Kusher
There is likely to be a continued variance in performances from city to city and region to region. Much of the growth over the year has occurred in Sydney, Melbourne and Darwin however, more recently the figures being reported for Brisbane suggests that value growth is experiencing a moderate pick up. Subsequent purchasers and investors are the main drivers of the market currently spurred by the low mortgage rate environment.
From an investor?s perspective, the best opportunity to enter the Sydney, Melbourne or Perth markets has likely passed, especially considering the strong value growth over the past year and falling rental yields. It will be interesting to see whether investors start to turn their attention away from these cities and towards higher yielding markets that are much earlier in their value growth phase such as Brisbane and Adelaide where value growth is now becoming more evident. They could also potentially start looking at other asset classes.
Welcome to the myrpdata Property Pulse
Introduction by Cameron Kusher
There is likely to be a continued variance in performances from city to city and region to region. Much of the growth over the year has occurred in Sydney, Melbourne and Darwin however, more recently the figures being reported for Brisbane suggests that value growth is experiencing a moderate pick up. Subsequent purchasers and investors are the main drivers of the market currently spurred by the low mortgage rate environment.
From an investor?s perspective, the best opportunity to enter the Sydney, Melbourne or Perth markets has likely passed, especially considering the strong value growth over the past year and falling rental yields. It will be interesting to see whether investors start to turn their attention away from these cities and towards higher yielding markets that are much earlier in their value growth phase such as Brisbane and Adelaide where value growth is now becoming more evident. They could also potentially start looking at other asset classes.