Units are an affordable way to enter the housing Market

According to RP Data's Economic and Market update,

Across the combined capital cities, the median selling prices of units is currently $73,000 lower than the median selling price of houses.

In Sydney ($153,150), Canberra ($132,500) and Melbourne ($108,000) the gap in pricing is in excess of $100,000.

 

So when your looking to buy in Ballina, Byron Bay, Alstonville and Lismore, this spring holldays, maybe a unit might be the more affordable choice. 

Posted in: Property market

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