Property Investment News, Tips, Tools, Strategies, Experiences, Case Studies, Outlooks
Rents for three-bedroom homes in Sydney’s outer suburbs rose an average of 9.4 per cent last year, despite the global financial crisis during which rents in inner suburbs went up by less than a quarter of that rate. The latest rent and sales report from Housing NSW reveals that the sharp increase in rents for …
Continue reading “Rents in Sydney’s outer suburbs rise almost 10%”
Beach property with coastal areas along the nation’s Eastern Seaboard experienced strong price recoveries in 2009 and will see further strong gains throughout 2010. According to an analysis of REX data, house prices gains in major coastal areas such as the Sunshine Coast, Gold Coast, Tweed and Port Macquarie are accelerating. “There are more buyers than stock …
Continue reading “Beach property will make strong gains throughout 2010”
Economists say economic growth is set to triple in 2010, according to Yahoo Finance. The Treasury and Reserve Bank expect the growth rate to return to around 3 per cent this year, up from around 1 per cent in 2009. But the surge in economic activity is expected to exacerbate the skills shortage and put …
Continue reading “Where the property price will go if growth to triple in 2010?”