“Unit values across the combined capitals increased in May and they are up by 1.3 percent over the first five months of the year. Based on median prices, unit prices are generally around 15 to 20 percent lower than house prices. Investment yields also tend to be higher and units are often located more strategically compared with their detached counterparts,” Lawless says.
Capital city dwelling values fell by 1.4% over May, bringing the cumulative decline from January to May 2012 to 2.2%
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