Investors looking for a sound alternative to the stockmarket would be wise to consider residential property according to the Real Estate Institute of New South Wales (REINSW).

Sydney’s ranking as the 11th least affordable city in a survey of international housing is due its popularity and the resulting high demand for property, but buyers should not be put off as housing realises excellent capital growth according to the Real Estate Institute of New South Wales (REINSW).

The Real Estate Institute of New South Wales has called on the State Government to further reduce land taxes on residential properties as a means of bringing sorely needed property investors back into the market.

Becton Property Group (“Becton”) today announced that its Becton Industrial Fund (or “Fund”) has acquired two industrial properties in Sydney for a total of $38.45 million.