Apartment / Flat in Sydney, New South Wales, Australia
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€189,388 | £174,000 | US$277,832 (Approximate currency conversions supplied by  )
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| Ref |
535718 |
| Area |
Sydney |
| Town |
Sydney |
| Region |
New South Wales |
| Type |
Apartment/Flat |
| Bathrooms |
2 |
| Bedrooms |
2 |
| Category |
New Build |
| Listed |
453 days ago |
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Innovative investment strategies offering 25% annualized returns regardless of market conditions
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Apartment/Flat Description
2 bedroom apartment for sale:Sydney, AustraliaHigh Yielding Apartments - Newly completed in May 2009 SydneyRef: FAP/AllureClose to the city centre - massive capital gains potentialSydney's rental market is in over-drive with a 24% increase in returns over the past year. Population growth is at its highest in decades with 1.2 million extra people expected over the next 25 years. With Sydney's housing shortage contributing to the rental crisis gripping the city, this new off plan development is an investors dream!Inquire now as these properties are moving quickly!!Allure is an exciting new development in the inner city location of Green Square, offering a range of 1, 2 & 3 bedroom apartments now complete. Priced at $380,000 - $729,000 these apartments are expected to be extremely attractive to the rental and owner occupier market. With such close proximity to Sydney's city centre and inner city living in such high demand, these apartments have got fantastic capital gains potential.Great rental returns evident for Sydney's apartment market!!Sydney has the strongest inner city rental market in the country! New South Wales has experienced phenomenal growth in rentals over the past 12 months. Rental returns in adjacent suburbs to Green Square are in the top five of Sydney. Vacancy rates are at an all time low; those within 10km of the city centre are as low as 0.3%. As more people are being pushed into the rental market with decreasing housing affordability and a housing shortage we will continue to observe these great returns.Key benefits of investing in Allure:* Quality apartments located only 4km from Sydney's city centre* Great rental returns of $600 - $800 per week for 2 & 3 bedrooms* Strategically located between city centre and Sydney International Airport* Part of a $1.7 billion dollar redevelopment of town centre* Secure with a 10% cash deposit* Deposit bonds are also available* Key Reasons to Invest in Sydney:Constantly ranked the world'* s best city!* Highly ranked in quality of life surveys* Sydney is the capital of New South Wales* Robust Economy Economic Hub of Australia and Asia Pacific* The Australian economy was ranked first in the world for resilience in 2006* Population at over 4 million and growing rapidly* Over 1000 people per week move to Sydney* Predicted strong growth for Sydney apartments over the medium term* Vacancy rates in Sydney have dropped to approximately 1.4%* Huge demand for inner-city living in quality properties* Extremely attractive city world class golden sandy beaches* Popular tourist destinationSydney is Australia's oldest city, the economic powerhouse of the nation and the country's capital in everything but name. With Australia's population growing by over 295,000 per year, Sydney is a very attractive destination for migrants.Sydney has a seductive outdoor lifestyle, exciting events and great natural beauty. This cosmopolitan city is surrounded by iconic beaches, World Heritage areas, lush hinterland and acclaimed wine regions of the State of New South Wales (NSW)Deposit Bond Investing:By using a Deposit Bond instead of cash, there is no need for you to withdraw the cash required from other investments or out of equity in other property assets to secure an off plan property purchase. Rather than paying the deposit amount required in cash, you only pay a small premium for the Deposit Bond, which the seller or developer accepts in lieu of cash.When you use a Deposit Bond you satisfy the vendor's deposit requirements by the issue of what is essentially a deposit guarantee. Deposit Bonds can be issued from 3 months to as long as 3 years, which means you can keep your money working for you right up until closing, when you will be required to pay the property's full purchase price....
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Towns located close to Sydney, Australia
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Price of Property in Sydney, Australia
| (All prices in EUR) |
Sydney |
Sydney |
Sydney |
| Apartment/Flat |
595,000 |
152,000 |
595,000 |
2,195,000 |
174,000 |
396,822 |
* Calculations based on 1 properties for sale in Sydney and 27 properties for sale in Australia |
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