Apartments Tipped To Rise

Real estate research data is telling an increasingly strong story for apartment markets across Australia. Apartments, so long considered inferior to houses on land for investment solidity and long- term capital growth, are mounting a serious challenge to the supremacy of houses in the minds of Australian investors. In recent times, apartments have proved competitive with houses on capital growth and are out-performing houses on rental growth. More and more Australians are opting to live in units and townhouses for their lifestyle and affordability features. And apartments are grabbing an increasing share of the construction market with builders and developers.