Are the tables turning on apartment and house markets?
REBAA President Cate Bakos makes a case, through the use of a range graphs and tables, that it may be time for property investors to look towards units over houses.
As the cost of credit rises and housing estates reach further into outer suburbia, units are again becoming an investment option. (Image source: Shutterstock.com)
Houses and apartment prices have broadly remained in step over the years, however, houses have generally been seen to deliver higher growth while units have experienced less volatility and been more resilient in downturns.
Apartments in some parts of Melbourne have exhibited lacklustre performance, moreso than other capitals around the nation.
But the question nationally is, will established apartments rebound or are houses always going to outp…
