One of the most important aspects of buying a home is choosing where you and your family want to live.
You might get caught up in the options that are out there, which really makes the task sound more daunting. It isn’t though, and it may well pay to keep these options in mind when making a final decision on where your new home will be:
Sydney is on the move
Properties in Sydney have been heading upwards in price consistently over the last few years. In fact, the only drop in price came last December, the first since June 2012, and the strength of the market was such that the annual increase in median house price was still 9.68 per cent, leaving the figure at $999,870, according to CoreLogic RP Data.
For anyone looking at designing their own home, it might be worth noting that a few years down the track, you could be looking at selling and moving on. The affordable prices offered by G.J. Gardner Homes mean that if you get into the market now and set yourself up in a promising suburb such as Zetland (growing in value by 84.21 per cent over the next three years) according to Smart Property Investment or in the popular northern beaches then you could make a serious profit on the back of capital gains.
Take a look at where G.J. Gardner Homes has already set up some developments here, and that might provide you with inspiration!
Getting a foot into the Melbourne market
If the hustle and bustle of Sydney doesn’t really appeal, then Australia’s next most burgeoning city is another way onto the top rungs of the national property ladder.
The Melbourne median house price is significantly lower than Sydney’s at $825,620, but the growth rate is equally as impressive at 11.83 per cent over the last 12 months. Where Sydney properties are pushing the $1 million mark, Melbourne doesn’t have the same sort of boom and that makes affordability one of the best selling points in the city.
Box Hill is an excellent suburb to get into at a three year growth rate of 93.29 per cent, as stated in Smart Property Investment. If you can find a patch of land or even an existing G.J. Gardner Homes project around that region here, you’re well on your way to making it big when the time to sell your very own home comes around.
Contact the team at G.J. Gardner Homes today and see how they can help. It might be the start of a very successful property portfolio.