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Karen,
roughly 25% of those living in Australia today, do so in high density accommodation, and the average number of people living in a "dwelling" has come down in the last 100 years from 5 to 2 person per dwelling, and into apartments or town houses
Even more so, my company researches investment properties around the country, and one of our key indicators for a good investment is the depth of the local rental market. We are finding that in Sydney and Melbourne (today), the strongest market for tenants is for 1 and 2 bedroom apartments that are very close to infrastructure such as transport, employment zones, and shops.
To confirm your suspicions, YES certain areas are heading into the New York and London style living such as major metro areas.
feel free to call me or visit our web site for more information (02) 9299 2232 or http://www.pulseproperty.com.au
Robert Giblin – Property Investment Specialist
Matt,
http://www.pulseproperty.com.au– Pulse Research covers the country looking for "in value" investment properties. We have 23 developments (all new), and one being house and land near Melbourne. You can buy the land and the build contract can be pushed back.
Would you look at Melbourne? Pulse research believes this suburb to have better growth prospects that that of Adelaide
Robert Giblin – (02) 9299 2232
Hartfam,
I can help! go visit Pulse Property Research http://www.pulseproperty.com.au. Unfortunately you can't view current properties (web issues) but there are currently 23 properties with over 500 dwellings to choose from Nationally
My knowledge comes from working with business clients (accountants, & financial planners and their clients to identify "in value" investments). Happy to help.
Just call the number on the web site (02 – 9299 2232) and ask for me – my name is Robert Giblin
Good luck with the search
Robert
