Most investors feel comfortable with investing in residential property as they are familiar with it. Most of us have rented a property, and some of us have bought a house or unit, and understand what that experience entails.
Sydney building boom reaches $62b with little slowdown in sight There is a $62 billion building boom across Sydney’s city, from infrastructure projects to commercial, residential and developments sites, which has underpinned the latest wave of demand for physical assets.
Sydney unit block sells at auction for $33.25m in seven minutes, setting national record. Seven minutes was all it took for a block of 11 units in Sydney’s eastern suburbs to sell for a national auction record of $33.25 million – smashing the previous price by about $10 million.