Apartment living

It’s not really population growth that predicts property demand
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There’s been lots written about Australia’s strong population growth and how there’s likely to be twice as many of us in the next 40 to 50 years. Apparently one baby is born every minute and 45 seconds and sadly, someone dies every three and a half minutes. And the net gain from overseas is one…

Apartment prices are falling in Australia’s CBDs
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Apartment prices in Australia’s CBDs have fallen by an average of 6.3% in the 12 months to July, according to CoreLogic. Every capital city CBD posted a decline in growth, but where the biggest declines are coming from is even more telling; it is being driven by the country’s two highest performing capital cities—Sydney and…

Sydney's West in Apartment Oversupply? Really!
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Looks like someone forgot to tell Sydney’s inner west about its alleged oversupply of apartments. For example here are the results for Erskineville:   Here’s St. Peters results: You can also add to this Haberfield, Stanmore, Sydenham, Five Dock, Canada Bay, Abbotsford, Chiswick, etc. etc. all of which have remarkably tight vacancy rates of 1 per cent…

How small is too small?
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In recent weeks, we have been writing about the pending oversupply of attached dwellings across the country. We have also advocated that too many off-plan apartments have been bought by investors. We are not arguing against the trend towards smaller digs, but rather the magnitude of the current supply; where it is being supplied; at…

Three reasons why apartments may not deliver on density
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A key thrust of higher density development plans for our various inner city areas was that this would lead to a significant increase in population densities. But what if the current wave of inner city apartment development isn’t likely to deliver as many people as the plans presumed? Does this mean we need even more…