First National

First National

Friday, May 24, 2013

NSW : Investors head west to follow growth

'High yields and growth rates have smart investors taking another look at once maligned suburbs..'

Hip pocket: Artist's impression of the Casa boutique unit complex at Petersham, and area described as a sleeping giant.
    


''50% of all buying activity in Sydney at the moment is from investors, and that's likely to rise even further with low interest rates and cheaper mortgages"

- Auction clearance rates have been as high as 86% per cent in the inner west recently.
- Developers are keen to build on any infill or former industrial sites.

- Much more popular than it used to be for young families, investors, everyone. 
- Much more reasonably priced
-Accessible with good public transport and lots of cafes and schools
- Much more relaxed feel compared to the east (less cramped)
For full article, click here

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