Business
High levels of crime can’t even drive Australian property prices down. In fact, ‘risky’ suburbs might actually outperform the market. – Business Insider Australia
Only in Australia, where the pursuit of property has reached a fever pitch in recent years, could crime not pose a deterrent to would-be buyers.
- New data suggests high crime rates don’t slow down property price growth in Australia’s largest cities.
- In fact, the analysis from Riskwise suggests suburbs with high levels of crime actually outperform other areas in Sydney and Melbourne.
- While not directly correlated, it speaks to Australians prioritising other aspects, like location and affordability, over perceived safety per se.
- Visit Business Insider Australia’s homepage for more stories.
Only in …
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