Which are the best and worst performing Sydney unit markets?
Sydney apartment prices are rising, bolstered by a scarcity in the market, but it’s not all smooth sailing across the city’s 600 suburbs.
Coastal Sydney suburbs continue to deliver capital growth for apartment owners. (Image source: Shutterstock.com)
An influx of international student and immigrant arrivals, housing affordability pressures, a stalled construction sector and more than 60,000 properties consigned to Sydney’s short-term rental market is leading to a major squeeze on the availability of apartments.
Sydney has consequently shown the strongest growth in unit rents of all capitals, increasing 5.8 per cent for the quarter and 19.1 per cent for the year to April, marking a new peak r…
