Forecasters predict Australia’s hottest property market in 2022

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Forecasters predict Australia’s hottest property market in 2022 (spoiler - it's south-east Queensland)

almost $30,000 in three months to a record high of $702,455, a figure that’s still almost $300,000 shy of the combined median house price for the nation’s capitals and close to $800,000 less than Sydney’s median house price.

“We’ve also got a rising number of investors who are really looking to the ‘sunshine state’ because they are expecting capital growth in property … so while there’s obviously some headwinds with rising interest rates and also to contain lending growth … overall affordability is still there – especially for buyers coming from Sydney.”

While some property punters anticipate a new wave of migration once borders fully re-open, Mr Jordan felt the highest rates of migration had already been clocked, with a steadier stream tipped for 2022 with the region’s lifestyle lure and the Olympics weaving a compelling tale for migrants.Albert Perez/Getty Images

 

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Grrrrrrrrrr, More reason to give the federal LNP a massive boot out of office.

Moved up from Melbourne to Rainbow Bay March last year Gold Coast is the place to be compared to Vic Lost count of times we are asked if we are interested in selling our Unit from real estate brochures and even strangers

Well of course East Coast Aussies want to live in the state with the most competent Government 😀

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What will 2022 bring for the property market?A property expert and buyer’s agent is cautioning buyers to be more strategic about their purchase decisions over the next 12 months, as the recent growth trends won’t continue nationally at the same pace. if you don't own, you're screwed. No . Sell now !!!! Hell
Source: newscomauHQ - 🏆 9. / 77 Read more »