Do Units Experience Higher Property Growth Than Houses?
August 26, 2010 | admin | Comments 0
I was just flicking back through an April Your Investment Property magazine and saw a chart that had interesting figures that I wanted to share.
There was a list of the Top 30 locations in Australia for growth. Now these figures were put out by RP Data in December 2009, but I still thought it was worth mentioning and you will see why.
Of the 30 Top listings:
- 16 were units and 14 were houses
- the growth rate varied from 48.65% at Sadadeen NT to Bradbury NSW at 38.97%
- NSW 11, VIC 6, QLD 4, TAS 3, SA 3, NT 2, WA 1
What I found interesting was the fact that even during a very tough year some properties increased up to 48.65%. Also to be noted was the fact that WA where prices had risen so much in the previous years only had one location listed.
Another fact that you may be interested in was the fact that the unit number was actually fractionally more than houses.
Filed Under: Property News
About the Author: 
