South West Sydney property investors still looking for price growth: HTW

Investors in South Western Sydney have been very visible in the property market in the past 12 months, the November report from Herron Todd White advises.

The HTW report suggests that typically investors are from out of town and are using the equity in their current dwellings to purchase an investment property in an outer ring suburb of Sydney which they expect will grow in value and provide consistent rental return due to the number of families moving to these areas for their affordability and general population sprawl.

"South Western Sydney has been a popular hunting ground for investors because of new stock which draws their attention for a number of reasons such as tax benefits, low maintenance and the ability to draw high quality tenants," the month in review suggests.

"Price points have generally been in the sub $750,000 range and being below the Sydney median price is one of the key factors.

"Yields have not generally been the attraction for investors - the capital growth has been the driving factor.

"Therefore with the new APRA regulations and the reported slowing of the market, investors may leave the market allowing for first home buyers to finally gain a foot hold."