Watch out! Any investor that purchases property in these urban areas is likely to see their property values tank on the back of lackluster demand and a steep oversupply of housing
A market is widely considered to be in oversupply whenever the proportion of properties coming onto the market exceeds at least 4%.
This makes the case for investing in the following suburbs a tale of caution, as high proportions of stock on the market point to an environment where there will be little pressure on the buying market and prices are likely to fall.
In each of these markets, vacancy rates – the proportion of rental properties that remain untenanted – is also high. This indicates that property investors endure difficulties attracting tenants to their properties.
A high amount of vacancies is considered anything above 3%.
One additional factor is that rental yields are similarly disappointing.
Perth.JPG" style="width: 367px; height: 108px" />
Brisbane data shows no markets where stock on market figures exceed 5.5%.
Do you have more than $200k in your super fund? You could use your super to buy property - Find out how
Top Suburbs :
Get help with your investment property
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 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 and appointment is free.
We value your privacy and treat all your information seriously - you can check out