How many times do I need to tell you ?

Are you listening ???

The future of real estate is strata, community and other group titled property. 

No doubts !

No questions !

No arguments !

And, wherever you look at the data, it just proves it more (and more).

Recently information published by RP Data reveals the following interesting high density facts.

• 15 years ago only 25% of capital city home sales were units or apartments whilst today they account for about 35% of home sales
• Despite the proportion of unit and apartment sales moving down since 2005 (after the last significant property boom) from 2009, due to the First Home Owners Grant and sharply dropping interest rates, first home buyers returned to the market resulting in a rebound in demand for units and apartments
• The proportion of unit and apartment sales in the combined capital cities is, as you would expect, higher than across the rest of the nation
• As at August 2010 unit and apartment sales across the combined capitals accounted for 35% of sales compared to the 30% nationally
• In Sydney and Melbourne, there is an even greater proportion of unit and apartment sales. In August, unit and apartment sales in Sydney accounted for 43% of all dwelling sales and 37% in Melbourne

The following graph shows volumes of house versus unit and apartments sales since 2001.

Contact me if you want a full extract from the article.  And, get on the high density craze with me.

Francesco ….