Evidence is mounting that investment-grade apartments are positioned to appreciate

I wrote this blog in February suggesting that I thought investment-grade apartments were intrinsically under-valued. Well, according to Jarrod McCabe, director of Wakelin Property Advisory, “the investment-grade apartment market in Melbourne is showing signs of growth this year”. My view that apartments are intrinsically under-valued has become even stronger over the last 6 months and I would like to share a few reasons why. House prices have appreciated significantly over the past 5-10 years...