Inner West, Warringah & Pittwater Strongest Property Rises
January 13th, 2010
Mortgage Business news has reported that the areas of Sydney’s Inner West, Warringah and Pittwater have become the strongest locations for property land value rises, beating the tradtional areas of the Eastern Suburbs and Lower North Shore. It was reported that some of the priciest areas were actually some of the worst performing postcodes, as the downturn affected the most expensive suburbs the hardest. Simon Reibelt from local brokerage Oasis Home Loans Northern Beaches saw this as a great time for both new home owners and property investors to consider either entering or re-entering the marketplace to make most of these property value increases.