Rental cost falling in Sydney and Melbourne CBD due to oversupply of vacant apartments say experts

February 2020  - Architecture. First line of buildings in Sydney city CBD at sunset. Illuminated arch of the bridge reflecting in blurred waters Sydney, New South Wales, Australia (Photo by Sergi Reboredo/Sipa USA)

February 2020 - Architecture. First line of buildings in Sydney city CBD at sunset. Source: Sergi Reboredo/Sipa USA

With Australia officially in recession and increasing number of apartments in Sydney and Melbourne CBDs remaining vacant, what are some of the key points that investors should think about? Bishwas Bhattarai had this to say.


Note: We’d like to point out that the information contained in this segment is general and is not specific advice. If you would like accurate information relevant to your situation, you should ask your tax agent, Accountant, or financial planner.


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