Forget suburbs that have already experienced large-scale price falls, these suburbs indicate that they are going to see a massive slide in property values over the next six to 12 months at least. Is yours one of them?
Supply and demand. It’s something property strategists talk about over and over again, but with due reason. If you want property that will experience good capital growth, go for an area where the supply of properties is low but the demand for them is high.
It’s the reverse for properties that are going to see price falls. If the supply of properties on the market is high but there is little demand for them, prices will go the way of Mach-skydiving daredevil Felix Baumgartner – but there will be no parachute.
The following suburbs have high vacancy rates, coupled with a high supply of properties on the market and lackluster demand. This indicates that they are highly risky places to invest.
[Note: Where the amount of stock on market (SOM) exceeds 4% of properties within that suburb, this generally denotes heavy oversupply. Vacancy rates above 3% indicate markets where there is either an oversupply of rental properties: the higher above 3% the number is, the more severe the oversupply.]
New South Wales
With interest rates at their lowest for more than 50 years, there are some great rates available. The best thing to do is to compare rates from all the lenders. Let us help take the leg work out of doing this - Compare Home Loans now
Top Suburbs :
east victoria park
Get help financing your investment
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local expert Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus, our mortgage broking service is at no cost to you.
We value your privacy and treat all your information seriously - you can check out