Catch the right wave with a Sydney beach investment, and it could comfortably carry you home.
Choose the wrong one, and you can end up being dumped, and often painfully hard.
But successfully surfing that market today relies on more than simply a comparison of rental yields and past capital gains – it also needs a decent reckoning of trends, now and into the future.
In Sydney’s eastern beachside suburbs, for instance, the number of investors out buying property today is low because COVID-19 has seen many short-term holiday apartments turned back into long-term residential lettings and, as a result, rents have fallen steeply.
+INFO: ZDNet
