An ideal opportunity awaits for a first home buyer to make this 2 bedroom unit a place to call home. Situated on the middle floor, this street facing unit has been freshly painted and is located only minutes walk from Rockdale Train station and shops. Saturday 10am - A small block of only 16 units in a peaceful Cul-de-sac location with the convenience of being only moments away from all everyday necessities. Towel rack, tooth brush holder, toilet roll.
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He said that if the growth levels were to continue at that rate for the next year or 18 months, Sydney property prices would be in line for a correction. There were 10 registered bidders at the April 1 auction for the nine Double Bay two-bedroom flats with an average size of Mr Guth said the advent of people using their self-managed super funds to buy property had seen an acceleration in whole-block sales.
A block of 14 studios at 70 Wigram Road, Glebe, has received 80 inquiries in the first three days on the market. Apartment block owners are sensing the peak of the market and are selling up to take advantage of this stage of the cycle. Yields for this asset class generally range from 3 per cent to 5 per cent — though the Edgecliff site sold on a 2. Mr Tuxworth pointed out that investors seeking unit blocks did not mind the lower yields and prioritised the stability of a long-term income stream.