The Inner Sydney Apartment (ISA) Market Brief – BIS Shrapnel Release

By Peter Sarmas on 30 Jul 2015
No Comments yet, your thoughts are very welcome

Source: BIS Shrapnel

The Inner Sydney Apartment (ISA) market has experienced a rise in demand for off–the–plan apartments in recent years, which has resulted in new supply reaching its highest annual total in fifteen years of 3,350 apartments in 2014/15.
In particular, development in Inner Sydney has been dominated by large scale and high rise development in the following locations (shown on map):

  • City Core, including Quay (1), City Centre (2) and
  • City South (3)
  • Pyrmont/Ultimo (4),
  • East Sydney (5),
  • Surry Hills (6)
  • South Dowling (7)
  • North Sydney (8)

BizBlogImage1

 

 

 

 

 

 

 

 

 

 

 

 

This paper profiles the various indicators relating to demand, supply, rents and prices, as well as identifying the level of new supply currently in the production pipeline and likely to proceed over the next three years.

View the full Inner Sydney Apartments Market brief from BIS Shrapnel.

 

 

About the Author

Peter Sarmas is a Certified Property Investment Advisor (PIAA) and Vendor/Buyer Advocate. Before becoming the founder of Street News, Peter completed a Degree in Applied Science (Chemistry) and a Graduate Diploma in Property Valuations (Hons). Peter believes property investing is a major and potentially risky undertaking. In his view, everyone should have an independent person acting on their behalf when seeking property investment advice.

Category
Share with friendsX