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.
more can have advantages, but it takes longer to find a tenant if the property becomes vacant. Prolonged periods of vacancy are common and an investor will need to be able to handle the carrying costs during this period.
A new report has tipped the sprawling catchment of Macarthur in Sydney's west as the next big property hot spot, with research group RP Data describing the 3,000km² catchment as being "on the cusp of a boom".
After languishing for two years, Sydney's property market has recaptured its position as Australia's biggest property market thanks to the sharp increase in sales transactions, according to the latest sales figures from RP Data.