Inner city apartments become a no go zone
Apartments in Melbourne and Sydney’s inner cities have become some of Australia’s most risky investments, with vacancies piling up, weekly rents reducing and selling prices starting to move downwards.
Heightened levels of supply in recent years has resulted in soaring vacancies in inner city precincts such as Melbourne's Docklands. Photo: Shutterstock (Image source: Shutterstock.com)
Apartments in Melbourne and Sydney’s inner cities have become some of Australia’s most risky investments, with vacancies piling up, weekly rents reducing and selling prices starting to move downwards.
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