Australia: Old v new, strata fees, cladding and more: all you need to know about buying a unit

Ask most prospective homeowners and they’ll probably tell you they’d rather buy a house than a unit.  But the financial reality is that apartments are not as expensive so they might be a better bet for people who want to get on to the property ladder. House prices have jumped sharply in Sydney’s inner west, north-west and southern suburbs during the recent market rebound, according to recent figures from Domain, far outstripping units. Median house prices rose 4.8% in the September quarter; units 2.6%.    Read the article………………………..

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