Apartment rents edge closer to houses in Sydney

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WHOA! BIG NEWS! It's only going to take < 2 years for Sydney apartment rentals to be the same as for a house!! This is because of higher demand for apartments across the city as there is a lack of supply for affordable and well-located rental accomodation.

"It's a very interesting trend that is developing and it's something that's positive for investors, because they can see rental increases in the units market, so that's improving yields."

There's a similar trend in Melbourne and Darwin..
House and aparment rents ALREADY ON PAR at $360/week. Holy Moly!!

House rent in Darwin is now up 22.8 per cent since last March, with Darwin's apartment median up 22.2 per cent. 

But... not so much apartment rent demand in Perth. Still some increasing growths but not so much!
House rents in Perth are up 22.5 per cent over the year but only 17 per cent jump for apartments.

Where are you gonna put your money into now??

APARTMENTS VS HOUSES