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Sydney suburbs where apartments are 'too affordable'

A widening gap between house and unit values is creating value opportunities for investors in certain blue-chip Sydney suburbs, with multi-residential dwellings almost becoming 'too affordable'.

Aerial shot of Neutral Bay, Sydney
Neutral Bay on the Lower North Shore has one of Sydney's biggest price gaps between houses and apartments. Photo: Shutterstock

A widening gap between house and unit values is creating value opportunities for investors in certain blue-chip Sydney suburbs, with multi-residential dwellings almost becoming ‘too affordable’.

That’s the call from Leichhardt-based buyer’s agent Nick Viner, who is watching the apartment and unit market closely for his Sydney clients despite the ongoing uncertainty over vacancy rates and rental demand with international borders closed.

Mr Viner…