The Australian property market has seen some really mixed price directions across the states for the past several years. Sydney and Melbourne prices are now at extraordinarily high levels, and are reaching never imagined affordability issues.
For Queensland, Tasmania and South Australia it is their affordability that is now the real attraction. If you are an investor, it is worth looking at the net rental yields being on offer in these states. In Sydney and Melbourne, you are lucky to get net rental yields above 2%. While in the more affordable states, like Queensland, Tasmania and South Australia, 4% is common and 5% is regularly achievable.
Watch the video's below to find out where your state is headed. If you are ready to invest in property give us a call and we can help you analyse your potential investment.