Property Soaring

The rise of property prices in Sydney's east continues to soar upwards, as our infographic below illustrates. Take a look!

Also, investors now account for 60 per cent of lending in the Sydney market, compared to 40% five years ago, and property prices have risen 5.8 per cent in Sydney since January this year alone.

So reports THE AUSTRALIAN in which Goodyer principal Pauline Goodyer  was quoted as saying that investors are especially keen on properties in areas that are in short supply (like Sydney's east) and are looking for older properties that they can renovate to improve the value and rental yield.

http://www.theaustralian.com.au/business/property/property-investors-pinched-by-diminishing-law-of-rental-returns/story-fniz9vg9-1227290681962