Property 101: Moneysmart reminds that Gold Coast apartment prices can fall

Property 101: Moneysmart reminds that Gold Coast apartment prices can fall
Property ObserverDecember 7, 2020

Buying a property to rent out is a popular form of investment, the Federal Government's Moneysmart website notes.

Houses and units are easier to understand than many other types of investments, yet they do have some issues you need to be aware of.

Before you enter the property market, check if this type of long-term investment suits you, the site suggests.

It illustrated its warning with a reference to a 2013 chart showing a historical price perspective on Gold Coast units

Click to enlarge

 

Editor's Picks