Industry News
Top Sydney Suburbs for Property Investment
Sydney has one of the most dynamic property markets in Australia. With very high rental yields and low vacancy rates, the city is an attractive destination for investment property. Well before inspecting properties and connecting with an agent or conveyancer, investors seeking to buy property in Sydney will want to know about some of the top performing suburbs in the city. In this article, we take a closer look at some of the top performers in the past year.
Low Vacancy Rates
Figures released by the Real Estate Institute of NSW (‘REINSW’) suggested that rental vacancy in Sydney remains very low and unchanged at 1.4 per cent, the same rate as the September period. The REINSW’s figures suggested that the middle and outer suburbs have seen a small reduction in vacancy rates while vacancy rates in the inner city suburbs have tightened slightly.
Suburbs to Watch