The end of 2019 saw property prices in Australia’s capital cities on the rise again after a two-year slump, with dwelling values rising by 1.1% over the month of December 2019, and 4.0% over the quarter, according to the CoreLogic National Home Value Index.
Australia’s two biggest housing markets, Sydney and Melbourne, recorded quarterly growth of 6.2% and 6.1% respectively as at December 31, 2019.
With the positive market activity experienced at the tailend of 2019, the Australian property forecast for 2020 looks promising. If you're a savvy buyer thinking of stepping back into the market for the next big investment opportunity, or even for that dream family home, you may be wondering what suburbs you should be looking at.
At Upside, we are in an unique position to get great visibility from our fixed-fee agents in Sydney and throughout Australia, who are able to give us their on-the-ground feedback on current market conditions and what they’re seeing.
You can download the Upside Eastern Seaboard Property Predictions Report below, where we highlight our top picks for hotspots to watch in 2020.