Welcome to Barry Ison Real Estate!

Sydney 15th June 2020 Update

 

Where to buy after the Coronavirus:

As we move out of lock down and back to normal living

Australia has sacrificed a great deal to get to where we are now with very low new cases of Coronavirus Nationally.

The virus has affected various part of Australia property markets in different ways.

This depended on the location of the property and the type of work force in that area.

Now looking forward and where best to invest, you need to look at these factors.

·         What type of jobs in a particular area?

·         How has it affected vacancy rates?

·         What are the vacancy rates now?

·         Recovery time for the area.

·         What is the rental return now?

·         Available stock to buy.

These questions will tell you where best to buy now, as with very low interest rates buying now is a great time.

If we are at the bottom there is only one way but up.

One of the areas that has weather the virus storm is the Newcastle / Hunter Valley area 2 hours north of Sydney.

From Newcastle to Muswellbrook vacancy rates are low about 2% land supply is low for new houses and tenants are ready to move in now.

House & Land packages from 4 bed home from $470,000 turn key and landscaped with rentals about $450 pw. these are great investments, Dual Key 3 + 2 beds from $585,000 rentals $720 pw. 6% return.

 

Need to know more contact me now.

 

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Lower Portland (Syd)

Waterfront Housing Project in Sydney Metro area, Lower Portland near Wiseman Ferry, on Hawkesbury River. Location address. About 1.5hr from Sydney CBD 1162 River rd Lower

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Call Now Barry Ison or Jane Peng: 0413 666 298

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Sydney house shortage still continues from in 2014 with State Government acting to increase supply of land in coming years.

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Call Now Barry Ison or Jane Peng: 0413 666 298

Call Now Barry Ison or Jane Peng: 0413 666 298

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