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Buy in an overheated suburb? Yes! | Your Investment Property

Buy in an overheated suburb? Yes! | Your Investment Property
yourinvestmentpropertymag.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourinvestmentpropertymag.com.au Daily Mail and Mail on Sunday newspapers.

Jeremy Sheppard , Expert Advice , ஜெர்மி ஷெப்பர்ட் ,

How millennials can buy a quality older home in Sydney or Melbourne for less than $600,000


Home hunters in Sydney and Melbourne can still find quality bargains near the city for less than $600,000.
Record-low interest rates have fuelled a property price boom pushing median house prices in Sydney above $1.1million for the first time ever.
The surge in property prices is so dramatic the Reserve Bank of Australia is worried about low-income people, including the young, missing out following the end of JobKeeper wage subsidies.
If housing prices continue to rise as the end of stimulus payments slows household income growth, this will present renewed challenges for housing affordability for lower-income households, it said on Friday. ....

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