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What produces the strongest rental growth โ houses or units?
The answer seems to be neither, given that, over the 10 years to September, the national growth in house rents (40.1%) was almost identical to that of unit rents (41.0%), according to CoreLogic.
But itโs a different story with property prices. Over the same period, capital city prices increased 73.8% for houses and 43.4% for units.
That doesnโt necessarily mean one type of asset is a better investment than another. It all depends on the personโs investment strategy, as well as the specific location and property they choose.
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge. Weโll take the time to get to know you and your unique situation and speak in a language you can understand, with strategies you can implement for the best possible outcomes.
Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.