Some helpful statistics.

We are always being asked what are the best suburbs to buy in. If you are buying an investment property you usually need a combination of yield and capital growth (not taking into account depreciation and other aspects). Recently we compiled this list of top investment suburbs from the Australian Property Monitors database.

Units – we reviewed all Sydney suburbs within a rough 15km radius of the CBD and selected all those with a rental yield of 5% or more and a 3-year average positive capital growth rate of 5% and above. 17 suburbs fulfilled this criterion and a further 12 had yields over 5% and a 3-year average positive capital growth rate of under 5%.

Here are the top 5: Chippendale, Alexandria, Kogarah, Arncliffe, Waterloo

Houses – we reviewed all Sydney suburbs within a rough 10km radius of the CBD and selected all those with a rental yield of 4% or more and a 3-year average positive capital growth rate of over 5%. Note – there are no suburbs within the 10-15km radius of the CBD that have this combination of yield and cap growth. 16 suburbs fulfilled this criterion.

Here are the top 5:

Chippendale, Alexandria, Lane Cove North, Darlington, Camperdown

If you’d like to see the yields and growth stats for these suburbs, contact us now

 

Published:-  8 Jun 2009

DISCLAIMER:

Please note:

Good Deeds buyers tips are intended to be of a general nature. Please contact us for advice that is specific to your individual circumstances. You may also need to get advice from other professionals such as an accountant, mortgage broker, financial planner or solicitor.

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