Sydney and Melbourne property prices are forecast to drop by as much as 5% next year as high borrowing costs keep a lid on home values, according to a new report by SQM Research.
Meanwhile, housing shortages will push up Perth prices by up to 19%, while Brisbane properties will increase in value by up to 14%, and Adelaide by as much as 13%, according to the analysis.
Read More: https://www.theguardian.com/australia-news/2024/nov/26/sydney-and-melbourne-house-price-analysis-2025-fall-predicted-sqm