Are you looking to buy a unit to rent in a capital city suburb?
This week we continue the series looking at capital city suburbs with highest rental growth for units. We look at Balwyn North and Hampton East which are suburbs located in Melbourne.
- Balwyn North – rent rose an average of 25.7% to $453/week up from $360/week in 2009
- Hampton East – rent rose an average of 19.9% from $340/week in 2009 to $408/week in the year to the 30th June 2010.
Plus coverage of:
- An interview with RP Data about why Canberra has been performing so well while Perth is going in the other direction.
- This weeks tax tip is about what is required to maintain the tax status of your home should you move out due to work or other committments.