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Sydney leads the way for capital gains

By Louise Morrin

As an investor of property in Carlton, capital gains will be something that's always on your mind. This amount is the difference between the price you paid for a property and its current value.

Fortunately for Carlton real estate investors, Sydney has been a leading capital city in Australia for capital gains. 

According to the RP Data-Rismark Accumulation Index for July, Sydney recorded a 19.5 per cent total return over the last year. This figure takes into account capital gain as well as gross rental yields for properties across the city. 

Second to Sydney was Melbourne, which registered a return of 14.9 per cent over the same period. On a national scale, the index was 14.7 per cent, showing just how strong Sydney has been over the past year. 

Better yet, RP Data research director Tim Lawless expects this activity will continue for some time. 

"With interest rates remaining low and fixed rates seeing further downwards pressure, we are expecting that capital gains will continue into the foreseeable future," Mr Lawless said in a 1 August release. 

However, Mr Lawless noted that the rate of capital gain will eventually reduce in some parts of the country. 

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