The block of unit market has transitioned into one of the most attractive asset classes in the marketplace. In a time where sophistication around “build to rent” and institutional and offshore investment has increased, the humble “in one line” unit block shows solid returns and future potential in our community which sees continued rapid population gains.
The mismatch between demand and supply for residential housing has had a significant effect on the values of residential homes together with vacancies and rental growth which is not expected to dissipate in the short term.
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