Difference between revisions of "Cheap Newcastle Hotels"

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Revision as of 13:06, 4 July 2020

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I'm surprised to see how many individuals are willing to pay to lease property. Single bedroom units in the Brisbane CBD are currently leasing for more than $500 a week in some cases. Indeed, demand is outstripping supply right across the city, vacancy rates are decreasing, and rents are rising. Competition for rental accommodation is fierce. There are now a number of suburbs in Brisbane where the normal mortgage's cost is less than the price to rent! In this environment, it wouldn't be surprising to see a return of investors into the industry. Property costs will sense an upward pressure as momentum builds once this happens. A real boon for property investors looking to build wealth through residential property investment, although this will be tough for tenants.

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