Author
Nila Sweeney is a broadcast journalist, print and digital writer and editor with 10+ years’ experience creating hard-hitting content across multi-media platforms.
Previously the Managing Editor of Your Investment Property Magazine, Nila is now a property reporter at the Australian Financial Review.
For many people the appeal of property investing is quite simple. Aside from being less volatile than the share market, property is easy. Real estate markets move a lot more slowly than shares and are not characterised by the same speculation, emotion and wild price movements.
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Hobart has led a rebound in home price increases across six of Australia’s eight capitals, according to RP Data-Rismark’s June Hedonic Daily Home Value Index. The surprising 2.7% increase in value for Hobart properties topped next best cities Perth and Canberra, which both recorded 2% flat.