@ferrazzo
@ferrazzo City Centre Market
Properties located in city centers command premium pricing due to proximity to business districts, cultural landmarks, and transportation infrastructure.
Key indicators include:
Average rent price: 24.63
Gross rental yield: approximately 4.06%
Average property price: about $3,874 per square meter
Rental demand in city centers remains strong, especially among professionals, international workers, and tourists. A typical one-bedroom apartment rents for about $709 per month, while a three-bedroom unit averages around $1,323.
Outside City Centres
Properties located outside the main city districts offer more affordable acquisition costs and slightly higher rental yields.
Key indicators include:
Average rent price: 20.31
Gross rental yield: approximately 4.92%
Average property price: about $2,374 per square meter
Rental prices are naturally lower, with one-bedroom apartments averaging around $548 and three-bedroom units about $935 per month. However, the lower entry price often results.
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