Apartment Oversupply at Breaking News

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Apartment Oversupply, Bis oxford economics says brisbane’s inner city apartment sector is the most oversupplied in australia. Empty office conversions to worsen apartment oversupply. “i think there will be some collateral damage”, says bis.

Apartment oversupply puts squeeze on rents
Apartment oversupply puts squeeze on rents from www.smh.com.au

We discuss what the brisbane apartment market currently looks like , and what it means for property investors and real estate agents. Oversupply looms as thousands of apartments added to the market. Finance property oversupply, pandemic hit sydney, melbourne apartment rents 10:00pm, jun 16, 2021 updated:

Apartment oversupply puts squeeze on rents from Nice Breaking News

Sydney and melbourne suburbs with a looming oversupply of apartments have been identified as the top 10 danger zone suburbs, according to a national property buyers’ agency. The majority of these experts (75%) believe melbourne has the highest incidence of apartment oversupply, followed by brisbane (70%), sydney (40%), and perth (35%). We discuss what the brisbane apartment market currently looks like , and what it means for property investors and real estate agents. Continued oversupply of apartments has pushed sydney’s rental vacancy rates up for the fifth consecutive month to nearly 4 per cent. Sydney’s outer ring suburbs of schofields and rouse hill are among the areas facing the highest risk of oversupply as thousands.