POP THE BUBBLY! It's a Buyer's Market, Not a Bubble!

A SPECULATIVE "BUBBLE": Much has been said by media lately that a "bubble" of inflated, unsustainable property prices exists. Combined with rate rise fears some economists claim, and others deny, that the property market is set to fall, or "burst". Indeed prices have stabilised and auction clearance rates dropped. But, is this a reflection of less buyers?.... or more property?
LOW DEMAND or OVERSUPPLY? Spring is peak listing season, and as many who have faced the dilemma of finding the best phone plan, insurance, or the ideal Christmas gift will know....... excess choice is sometimes so confusing & stressful you walk away altogether.
INVESTING IN HIGH DEMAND: It is always a good time to buy investment property in locations characterised by low vacancy rates, high demand, and quality tenants. Sydney's inner city & east remain a good example. We invite you to view sales listings at our website. Fully furnished leases, a specialisation by Sydneylinks, further enhance your investment yield.
RISE UP: INTEREST RATES, WAGES & RENT: Employment is high and wages are rising. In a quality location with great atmosphere and amenities close to the CBD, rent rises are absorbed by executive tenants who identify the value in paying the increase, and understand mortgagees have rate rises to cover. 
FLIPPING or KEEPING: It's a buyer's market, but a strategy of buy today, renovate & sell for a profit (known as "flipping"), is not always that easy. The best approach is to make money from the rent & the long-term capital growth. A housing shortfall and no available land in Eastern Sydney suburbs like Potts Point indicate that supply is limited and long-term growth is strong.
ME or MEDIA: Media can help inform our decision. However its also about buying at the time that's right for you and weighing up external hype & hysteria against your own wants, needs and ability. Prices may stabilise but as far as a plunge....sorry to burst you bubble but I won't hold my breath. If you wait for that day, you'll miss out in a few years join the crowd saying "I could have bought that place for half the price"

Most economists predict a growth in property prices by mid to late next year, so close a deal before the prices creep up! Want to know more? Read Andrew Wilson's article in Sydney Morning Herald and Chris Vedelago's investor centre blog

By Martyne Ford -Sales Agent and Marketing Manager, Sydneylinks Real Estate E: martyne@sydneylinks.net

HOT PERFORMERS: Unit Capital Growth Outperformed Houses

UNIT CAPITAL GROWTH OUTPERFORMED HOUSES: Latest RPData research is great news for smart investors who anticipated this trend and bought investor units:  Units now outperform houses in capital growth (7.3% growth in unit values, beating 7% for houses) In the past 5 years there has been a switch to demand for units and this trend looks set to become the norm. Why?.............

NO PLACE LIKE HOME in HIGH DENSITY: In the mid 1990's, only 25% of property purchases by homebuyers were apartments. Now 35% of homebuyers are choosing units in high-density urban locales.

WHO IS DRIVING THE CHANGE?: We no longer all yearn for a big house and backyard. Many young singles, busy working couples and empty nesters prefer the convenience of a low-maintenance apartment. Units are generally located close to amenities these demographics demand: transport, cafes, restaurants, boutiques, galleries, clubs and the city where they study, work and play.

APARTMENT AFFORDABILITY: Furthermore, units are on average more affordable, allowing these groups to purchase in a booming market. According to RPData, the average Sydney unit is $125,000 lower than an average house.

INVESTMENT YIELD: Even with current Sydney sale prices remaining steady, rents continue to rise. Rent returns on units are generally higher, partly because they tend to be located in high demand areas close to inner city workplaces and all amenities. Thus, unit price growth is further boosted by high demand from investor buyers.

BEST HIGH DENSITY SUBURBS: Looking to buy a unit? Potts Point, with one of the highest densities in Australia, was famously nominated by Paul Keating as a success in urban design. Here, a respect for quality in old and new architecture has created character and beauty despite density. Paul Keating described other suburbs' buildings as "ice cube trays" that were a "mess on the pavement".

INVEST NOW: We have a fantastic selection of property to purchase right now. See Sydneylinks website sales list or contact Sydneylinks Sales Agents: Martyne Ford and Trish Muljono. We're proud to represent efficiently designed property close to the city in the rich culture of the Eastern Suburbs and city. Many of our current sales are in Potts Point amidst fantastic cafes, boutiques, restaurants, galleries, parks and theatres. Ever-popular to buy and sell!
By Martyne Ford -Sales Agent and Marketing Manager, Sydneylinks Real Estate

RPDATA's full report on "Higher Density Living Gaining Popularity"
http://www.vision6.com.au/em/message/email/view.php?a=9640&id=734468
RPData blog "Rents and Yield are on the improve"
http://blog.rpdata.com/
Paul Keating's "Ice Cube Tray" speech as covered in Telegraph http://www.dailytelegraph.com.au/money/money-matters/paul-keating-takes-apart-sydneys-ice-cube-tray-high-rise-living/story-fn300aev-1225838889388