Sydney

/Tag:Sydney

Australian Housing Costs – Unaffordable Interstate Relocation?

Volatility in sales prices in Sydney and Melbourne and greater stability in other State Capitals. Rental stability across the country except for Perth. What does this mean for employers relocating staff interstate to Sydney and Melbourne? In our August Client Alert we commented that Sydney and Melbourne rents have shown stability in recent years  despite [...]

October 30th, 2017|

Sydney & Melbourne Housing Costs

Stability in rents, volatility in sales prices. What does this mean for those relocating to Sydney and Melbourne? Sydney and Melbourne rents have shown continuing stability over the last twelve months. Sydney houses have averaged approximately 2% increase, with some areas e.g. Lower North Shore increasing by up to 5%. Melbourne houses have averaged approximately [...]

September 4th, 2017|

Recent Growth in Sydney House Values is Historically “Normal”

Many readers will be aware the cost of housing  in Sydney has increased rapidly in recent times. Despite a 17% increase in median house prices in Sydney in the year to September 2014, growth in capital value over the ten years since September 2004 is “only“ 6% per year.  From 2004 to 2010 prices only [...]

January 23rd, 2015|