Meet the Authors
Junge Ma
Research Analyst
Arjun Paliwal
Director & Head of Research
Amid this property boom, the NSW market has been considered as unaffordable by many. This impression is mostly due to Sydney where house prices can easily reach multi-millions alongside some coastal cities. However, data shows that even in this state, there are still affordable markets that demonstrate potential for or have strong growth momentum, and healthy rental yields.
In this month’s Market Pressure Review, InvestorKit reviews the state's regions where median prices are below $650k. Alongside examining their sale and rental markets’ historical performance and current pressure. To ensure these medians were reliable, we jumped online to Domain and REA to see if a healthy frequency of houses under $650k actually existed. As many cities in NSW exist with sub $650k median prices however, they did not have any large frequencies of houses below this mark.
We applied a "Top 5" approach (not noted in order), to find They are either well placed in their growth cycle and under high market pressure or are just starting out, which are indicating further healthy growth in the short term.
To meet these cities, simply claim a copy of this whitepaper now.
