Oversupply danger
With apologies to Kenny Loggins, a look at the Top 10 danger zone suburbs in Australia right now.
Perhaps unsurprisingly, in all 10 cases it is the supply of new units which has created the risk, especially for new landlord entrants to the market considering buying a unit.
Check out the list here (or by clicking on the image below):
In Sydney and Melbourne too, the higher risks are related to the supply of units and apartments, not detached houses or family homes.
The Top 10 danger zone suburbs in Sydney and Melbourne are also further discussed in the article below here (or click on the image):
We have a full Investor Special 2021/2 report out next week, so stay tuned for that!