by Sanjeev Sah | Sep 10, 2024 | Market Updates

Is it smarter to invest in houses or apartments?  

Well, Ray White’s chief economist, Nerida Conisbee, analysed the returns from a $500,000 investment in 2014 to see which option would have performed better today. 

Nationally, houses outperformed apartments, with an 84% increase versus 40%. 

But location is key.  

In Sydney, houses nearly doubled in value, while apartments saw just a 37% bump. Yet, in spots like Upper Coomera and parts of Canberra, apartments actually outperformed houses.  

The takeaway? Investing in property isn’t just about choosing between a house or apartment – it’s about picking the right location.  

That’s because while land holds value (and owning more of it should therefore yield better returns) local factors always tip the scales.