They’re a similar size inside – but less than half the price.
Record gaps between unit and house prices have created Sydney pockets where home seekers can get apartments that closely match local houses in floor area but are as much as 68 per cent cheaper.
Exclusive research by SuburbData revealed the best value unit markets across the city, measured by the average difference in prices between houses and apartments with similar rooms and floor space.
It showed a high concentration of “good value” apartments were on the north shore and in the outer suburbs of the inner west and St George region.
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Sogand Fathy bought a unit in Carrington Plance in Castle Hill that was the same size as local houses but about $450,000 cheaper. Picture: Jonathan Ng
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The revelations come as additional ANZ data showed apartment and house values have been …