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THE ROYAL BABY – APARTMENTS TAKE THE CROWN WHEN IT COMES TO BUYING REAL ESTATE

This bouncing bundle of joy has had many speculating for some time now, however it’s now very clear that investing in apartments is certainly taking the crown when it comes to buying real estate. Stock is literally flying in & out the door & we’re seeing a minimum 10% increase in price.

Apartments, flats, units – whatever you call them – have often been regarded as a poor cousin in the property ownership stakes, however transactions around Sydney where apartment sales have hit as high as $21 million (in Bondi), might just see us dispelling a few myths for both home seekers & investment buyers.

With the real estate market absolutely heating up, now is a stunning time to pop your apartment on the market, where particularly across the Northern Beaches, we’ve been observing apartments running in the door & straight out again. Days on market (which is the amount of days a property remains for sale on the market) is typically for the industry & other agents on the Northern Beaches 38 days & we’re seeing a turnaround on average of 23 days!

Prices are without a doubt higher than this time last year, particularly for apartments, & rental returns remains consistent which is great for the investor who is seeing nice capital growth now out of their investments.

Get kicking folks…..prices will just keep on growing…..

The Goss!
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THE ROYAL BABY – APARTMENTS TAKE THE CROWN WHEN IT COMES TO BUYING REAL ESTATE