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InvestAus

InvestAus

Mortage Broker , Sydney Region

NSW: Liverpool is the new hotspot for property investment

1Mo ago 0 Replies 139 Views
If you’re looking for the next property investment hotspot, the western Sydney suburb of Liverpool has the savviest property investors signing on the dotted line, courtesy of the area’s strong investment fundamentals.
In recent years, Liverpool – located in the South-West of Sydney – has been the focal point of a perfect economic storm. The suburb’s pre-boom statistics already stack up well in comparison to Melbourne’s CBD. Despite what seems like an unfair comparison, according to CoreLogic, Liverpool’s median weekly rent for a unit is currently $380 and yields a rental return of 4.4%, which isn’t that much below that of Melbourne’s CBD, which sits at $550 per week and 6.5%.
And while cash flow might allow you enter and stay in the market, it is capital growth – the increase in the market value of your property – where the real money is made. Research by Aussie Home Loans and CoreLogic found that in the 25 years between 1993 and 2018, the average unit price in Sydney increased by $589,850 (that’s $23,594 per year or $65 per day) compared with Melbourne’s increase of $458,275 ($18,331 per year or $50 per day). And Sydney’s growth – particularly in the south-west – is all about to change… big time!

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