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Investing in the Harbour City


17/05/2024

Sydney real estate has long been regarded as an avenue for wealth accumulation and financial growth. This city  offers numerous positive attributes that make it an attractive destination for property investors seeking to diversify their portfolios and secure stable returns. Over the years, Sydney has consistently demonstrated its ability to weather economic fluctuations, maintaining a steady demand for housing regardless of market conditions.

Investors also benefit from Sydney’s status as a global city with a diverse and stable economy. Its thriving industries, including finance, technology, and education, attract a steady stream of professionals and students who require housing, further driving the demand for rental properties. This means that investors not only benefit from rental income but also have the opportunity to realise significant gains through the appreciation of their property’s value.

As a property development company, our business focuses on the development of new residential buildings and is committed to providing quality-made properties in prime locations. Our buildings are making their mark on the property market for all the right reasons.

Quite simply, we understand property. We know how to capitalise on its potential and maximise investment for our investors. Our unique combination of expertise in property and our conservative risk-assessment processes allow us to uncover realistic opportunities for attractive returns.

Is Sydney property a good investment?

The Sydney property market is off to a rapid start in 2024, as evidenced by the latest auction and sales results at the beginning of the year. 75 property sales in Sydney exceeded the one million dollar mark. This impressive figure showcases the momentum of the market and highlights the continued demand for high-value properties in the city.

Recent data suggests that Sydney property prices are set to soar even further by up to 23% over the next three years. According to the Residential Property Prospects report, which looks ahead to 2026, unit prices in Sydney are projected to outpace house prices until June 2026.

Oxford Economics is optimistic, expecting a robust 23.4% increase in unit prices during this period, while house prices are predicted to climb by 15.8%. If these forecasts hold true, Core Logic estimates that Sydney’s median unit value will jump over the $1 million milestone to $1,029,869, and the median house price will surpass $1.5 million, reaching $1,621,930. Exciting times ahead for Sydney’s real estate market!

Which state in Australia is best to invest in property

The pattern we’re seeing here is that the best place to invest money right now might be a little bit off the beaten track. Or, somewhere you’ve never even heard of before. So, let’s change that and take a look at a few of them!

  1. Robe, South Australia: with a 3-month change in value of a whopping 8.3%. A charming seaside village town in the south-east of Adelaide, Robe is ideal for family living or holidays.
  2. Dinner Plain, Victoria: located next to Mount Hotham, this snow village is a popular tourist destination for skiing, snowboarding. The average median value of the top-performing regional suburbs in this data set is $442,468.
  3. Trangie, New South Wales: known for its corner-block pubs, vast cotton fields and fat cattle sales, this is a rural town with a rich agricultural history. Way back in 1915, the Trangie Experiment Farm was at the forefront of technological change.
  4. Werris Creek, New South Wales: houses in Werris Creek are at least $100,000 cheaper than they are in the most affordable areas of Tamworth. A fun fact about Werris Creek is that it is a very proud and historic railway town.
  5. Kalbarri, Western Australia: one of the most spectacular national parks in WA, the town of Kalbarri is surrounded by protected swimming bays, scenic walking trails and an amazing variety of wildflowers that can be seen in and around town.

The positive attributes of investment property in Sydney are undeniable. Its resilient real estate market, strong rental demand, diverse economy, and potential for capital appreciation make it an appealing choice for investors aiming to secure their financial futures. With its blend of stability and growth, Sydney remains a premier destination for those seeking to capitalise on the benefits of property investment. Contact us to know more

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