In a recent Property Council survey, where residents were asked to rank their city on key factors such as amenities, economic conditions, housing and climate, Sydney was ranked eighth out of 10 cities, only ahead of Perth and Darwin. Does this mean Sydney has become less liveable?
With rising home values, only 28% of the residents believe that the housing in Sydney is affordable, and only 23% believe that the city has accessible and non – congested roads.
Overall, affordability was the second most important factor for residents, behind resident and property safety. Canberra was ranked as the most liveable city according to the report.
Read more about this on the Smart Property Investment website.