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Why units are smart buys in a weakening property market

Discussion in 'Real Estate' started by Simon Hampel, 8th Aug, 2008.

  1. Simon Hampel

    Simon Hampel Co-founder Staff Member

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    Why units are smart buys in a weakening property market -

     
  2. Jacque

    Jacque Team InvestEd

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    Hi Sim

    Link isn't working on this- can you fix it as I'd like to read this?
    Thanks
     
  3. Simon Hampel

    Simon Hampel Co-founder Staff Member

    Joined:
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    Location:
    Sydney, Australia
    Works for me in both Firefox and IE :confused:
     
  4. Jacque

    Jacque Team InvestEd

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    Sydney
    Ok now it's working.... very odd

    Anyway, my thoughts....

    Units are always going to be the alternative for the majority of FHB's and investors who have budget constraints and want to live closer in to the CBD. With the plethora of singleton households that Australia now has, units are only going to become more popular.
    And I don't think this is necessarily restricted to the inner city but the 10km ring around it as well. Basically, any suburb with good transport links to the city and proximity to the basic amenities is going to perform better than those without.