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 …
Continue Reading
-
Noosa News23 hours agoQueensland plan to increase lethal shark control measures goes against advice of government-commissioned report
-
General21 hours agoCanberra man accused of flashing and assaulting 12-year-old girl released on bail
-
Noosa News23 hours agoDrought pushes farmers’ mental health to the brink across southern Australia
-
Noosa News20 hours agoAustralia’s newest rice mill funded largely by farmers