2008 January | Fastrealestate

Sydney Real Estate – Houses – Rentals – Land

Sydney Real Estate – Sydney NSW has a dynamic property market, as the largest city in Australia Sydney has also enjoyed some of the highest prices and biggest price gains. Buying into the city is an expensive exercise when you compare prices to other parts of Australia. Luxury homes on Sydney Harbour can cost tens of millions of dollars. High prices for units, flats and townhouses makes it hard to break into the market for low income and first home buyers. Land of course is at a premium and rental returns are on the way up for investors on the back of the current housing affordability problems.

Recent Sydney Market Data

Sydney Sep quarter median % change
Jun 07 – Sep 07 % change
Sep 06 – Sep 07

House Price $538,400 +1.5 +3.4

House Rent (3 b/r) $295 pw +5.4 +9.3

Unit Price $360,900 -0.9 0.0

Unit Rent (2 b/r) $340 pw +3.0 +9.7

Vacancy rate 1.4 0.0 -0.3

Features -

Bondi Beach, Sydney Harbour Bridge, Sydney Opera House, Sydney Harbour

Wollongong Real Estate – Houses – Townhouses – Units – Land

Wollongong Real Estate- Wollongong is the third largest city in NSW and the property market has enjoyed healthy growth driven by the same factors that have seen prices rise around the rest of Australia in recent history. Located to the east of the Illawarra range and just 82 klms to the south of Sydney the metropolitan area of Wolongong has several “urban centers”. The area has 17 beaches and great cultural diversity which makes it popular with tourists. Areas close by include Port Kembla, Corrimal, Unaderra and of course Sydney is less than an hours drive to the north.

Redcliffe Real Estate – Houses – Land – Apartments

Redcliffe Real Estate – Looking for property in Redcliffe? The area is popular with Brisbane locals due to it’s sandy beaches, parks and access to Moreton Bay. Areas close by are, Clontarf, Woody Point, Margate, Scarborough, Rothwell, Kippa Ring, Deception Bay, Mango Hill and North Lakes. If your looking to invest in a house, unit, land or a townhouse then Redcliffe offers the beachfront lifestyle with waterfront homes, deep water access for boating and fishing.

Noosa Holiday Rentals & Accommodation

Noosa Holiday Rentals -Noosa QLD is one of the premier holiday destinations in Queensland and Australia, situated on the northern end of the Sunshine Coast the resort town is just 90 minutes north of Brisbane. Noosa is all about the beach lifestyle and there is plenty of accommodation & holiday rentalsto choose from. You can find beachfront accommodation, unit rentals on Hastings street. Travel to Noosaville to and rent a townhouse on the river and enjoy the boating and fishing.

Things to do in Noosa.

Number one on the list must be going to the beach for a swim or a surf, Noosa main beach is famous for it’s waves. Hastings street is a great place to go shopping and grab a meal or a coffee at one of the cafes. Try a walk in the National Park and check out the local wildlife and hidden beaches. Boating and fishing on the Noosa river is popular as is kite surfing. Keen golfers will not be disappointed with the Golf courses and of course the climate is perfect for year round outdoor sporting activities.

Adelaide Real Estate – Houses – Rentals – Properties

Adelaide Real Estate – Adelaide is the capital of South Australia and is situated on the South Coast of Australia on the banks of the River Torrens. The property market is not quite as expensive as Sydney or Melbourne but overall has performed well. Rental property vacancies remain tight and this keeps the returns going in the upward direction for investors. Houses, units, flats and townhouses have all grown in value and as with most capital cities any land close to the CBD is at a premium.

Adelaide Sep quarter median % change Jun 07 – Sep 07 % change
Sep 06 – Sep 07

House Price $320,000 +2.3 +10.7

House Rent (3 b/r) $255 pw +2.0 +8.5

Unit Price $250,000 +4.6 +11.1

Unit Rent (2 b/r) $205 pw +2.5 +7.9

Vacancy rate 1.5 +0.2 0.0

About Adelaide - Population is approx 1.1 million and the city was founded in 1836. Average temprature is 23c in January and 12.5c in June

Attractions

Botanic Gardens, Adelaide Festival Centre, Central market, Glenelg Beach, Gouger Street, Rundle mall and the South Australian Museum.

Canberra Real Estate – Houses – Units – Land

Canberra Real Estate – Canberra in the ACT is the national capital and is situated between Sydney and Melbourne. The city has a much smaller population at around 350,000 people. Average house prices are in excess of $400,000 and average unit price is almost $350,000. A shortage of rental properties is pushing returns higher for property investors with units and flats looking the most attractive at this point.

Canberra  Sep quarter median   % change Jun 07 – Sep 07  % change
Sep 06 – Sep 07

House Price  $425,000  -0.4 +8.1

House Rent (3 b/r) $350 pw  0.0  +9.4

Unit Price  $346,000  +3.3  +11.0
Unit Rent (2 b/r)  $340 pw  +3.0  +13.3

Vacancy rate  2.2  -0.2  -0.2

Canberra Features:

Parliment House, Lake Burley Griffin, National Capital Exhibition, National Library of Australia, National Portrait Gallery, Home of the Royal Australian Mint.

Australian national university

Melbourne Real Estate – Houses – Units – Land

Melbourne Real Estate - Melbourne Victoria has enjoyed a bouyant property market over the last 5 years, stong demand has driven prices up and even with the market slowing down over the last 12 to 18 months Melbourne remains an attractive market for real estate investors. Medium to long term investing in property close to the inner city of Melbourne has given a great percentage return in terms of capital growth. The improved freeway system has opened up the outer areas to the north and east, families have taken to the new housing estates which have become major growth areas, house prices have risen accordingly as have rental returns for property investors. Melbourne also has the bayside suburbs wich offer the expensive waterfront luxury properties, again these areas are popular with investors and renovators. Property investing in the second largest city in Australia should always provide good returns provided buyers take the time to do their homework.

Melbourne  Sep quarter median   % change Jun 07 – Sep 07 % change
Sep 06 – Sep 07

House Price  $431,000  +3.9 +13.1

House Rent (3 b/r)  $260 pw  +4.0  +10.6

Unit Price  $367,800  +5.1  +14.6

Unit Rent (2 b/r) $270 pw +3.8 +12.5

Vacancy rate 1.2 -0.2 -0.4

Melbourne Features -

The MCG home of the AFL Grand Final

Melbourne Tennis Center Home of the Australian Open

Flinders Street Station

The Yarra River

Amazing cafe / dinning culture in and around the CBD