Is Sydney too hot for investors?
Tim Lawless, Head of Research, RP Data
{{youtube id="pidOCBGc9mE?list=PLZWLiY_OqG3NVFkLd9O_jexF9TKb0NWXd"}}
You’re out of free articles for this month
To continue reading the rest of this article, please log in.
Create free account to get unlimited news articles and more!
A lot of investors wonder whether or not Sydney is too hot for investing now and I think, broadly speaking, they're probably right. Sydney is a very hot market now so you need to be more choosy and much more strategic of where you're going to be investing in the Sydney marketplace in this stage of the cycle. We've already seen values in Sydney rise by about 18% since the growth cycle commenced back in June 2012. Yields have plummeted so you need to be looking at those marketplaces that are still high yielding, showing strong rental demand and are potentially a little bit earlier in the cycle to offer up that capital growth.