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House vs Townhouse vs Apartment | Which Property Type Goes Up In Value Faster?
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The traditional thinking is that property prices increase because of the value of the land.
If that's true, houses should increase in value faster than townhouses … and townhouses faster than apartments.
But that raises two questions:
Is it true?
And if it is true, is the difference in capital growth meaningful enough to pay attention to?
According to data released to Opes by property data firm CoreLogic, as Ed discusses in this video 'Not always' is the answer to both questions.
==Resources==
💱 Want to run the numbers on investment properties?
Use No.1 Return On Investment Calculator by Opes. This spreadsheet has helped over 4,000 kiwis run their OWN numbers on potential investment properties.
🎧 Listen to our daily show 'The Property Academy Podcast'
If that's true, houses should increase in value faster than townhouses … and townhouses faster than apartments.
But that raises two questions:
Is it true?
And if it is true, is the difference in capital growth meaningful enough to pay attention to?
According to data released to Opes by property data firm CoreLogic, as Ed discusses in this video 'Not always' is the answer to both questions.
==Resources==
💱 Want to run the numbers on investment properties?
Use No.1 Return On Investment Calculator by Opes. This spreadsheet has helped over 4,000 kiwis run their OWN numbers on potential investment properties.
🎧 Listen to our daily show 'The Property Academy Podcast'
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