|
|
Block busters
此文章由 Artcore 原创或转贴，不代表本站立场和观点，版权归 oursteps.com.au 和作者 Artcore 所有！转贴必须注明作者、出处和本声明，并保持内容完整
Thursday, 02 July 2009 | Kate Mills (Source: BRW)
Investors in the unit market are reaping the highest rental yields for years - especially at the top of the market - thanks to a combination of falling prices and increasing rents.
"We're seeing investors coming back to the market," the chief executive of McGrath Estate Agents, John McGrath, says. "Money is cheap and rents have gone up - for the first time in my 25 years in the industry property can be neutrally or even positively geared."
His comments follow the release of a list of the 10 best performing locations in terms of yield by RP Data.
Heading the list for the 12 months to March 2009 is the suburb of South Hedland in northern Western Australia. Only a small number of units, which registered a median price of $455,500, came on the market in the 12-month period. However, with a weekly median rent of $1000, the investments returned a gross rental yield of 11.4 per cent.
RP Data senior research analyst Cameron Kusher warns that South Hedland is heavily reliant on the resources industry. "Mining towns are vulnerable - if you don't have a booming resources sector then there is not much else in the local economy," he says. "They are high risk and high return and depend on getting in and out at the right time."
Kusher also says he expects rents in mining towns to ease over the next 12 months in line with the economy.
New South Wales has the most towns in the top 10: three Sydney suburbs and Murwillumbah in the state's far north.
In Sydney, the inner-city suburbs of Ultimo, The Rocks and Woolloomooloo have reaped the best rewards for investors over the 12-month period.
In Ultimo, 149 units were sold at a median price of $235,000; the median rental price of $470 a week yielded 10.4 per cent. However, the research also indicates a 33.8 per cent drop in the median price of units over the period that could indicate a large number of one-bedroom units changed hands, possibly skewing the results, Kusher says.
"The weakness of the yield calculation is that it only looks at sales from the past 12 months - although that is still a good period of time - but it means the figures can be heavily impacted by what kind of stock sells," he says.
With regards to the other two Sydney suburbs, Kusher says renters are prepared to pay high rents to live there - $1000 a week in The Rocks and $630 a week in Woolloomooloo.
The other suburbs on the list include the large regional towns of Rockville (near Toowoomba in Queensland) and Canadian (near Ballarat in Victoria), both of which Kusher says benefit from a small unit supply combined with an increasing number of people relocating there to work.
University suburbs such as Sippy Downs (near Queensland's Sunshine Coast) and Carlton in Melbourne also make the list due to the constant requirement for student accommodation and the willingness of overseas students to pay a premium to live close to campus.
"What all of these locations have in common is that they are strategically located, being either inner-city suburbs or close to universities or major places of employment," Kusher says.
McGrath warns that yields in the top 10 table are exceptional and investors should be thinking of yields in the range of 5-6 per cent.
However, he expects yields to strengthen, which together with recent equity market performance should further encourage investors back into the market.
"I think a lot of people have had their fingers singed with equity investments and while the view is positive on equities in the medium term, a lot of people don't want their funds as much at risk as we've seen."
[ 本帖最后由 Artcore 于 2009-7-21 13:57 编辑 ] |
本帖子中包含更多资源
您需要 登录 才可以下载或查看，没有帐号？注册
x
|
盖房记（2/3已经完成） (2008-7-3) 柯柯 
[Karen 健康烘培] 入口销魂，基础 Orange Chiffon。 (2008-8-14) Tiger_Karen 
发表于 2009-7-21 12:05
曾经，chatswood板球场旁边有一个42.5w的unit，两大房，大厨房，我就给少了一点点，悔～～～