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How far property prices soared in a decade and what happened next

  • Sydney's property market peaked in September 2024 but has edged lower recently amid ongoing high interest rates and affordability constraints.
  • This decline follows a decade of strong growth fueled by historically low interest rates and insufficient housing supply, especially in Sydney.
  • Melbourne, which built more homes over the past five years, has seen weaker price growth while cities like Brisbane and Perth showed recent gains where population outpaced housing stock.
  • ANZ economist Madeline Dunk explained that strong price increases are occurring in areas where the number of residents is rising more rapidly than the availability of new housing.
  • The government expressed it wants to slow the rate of house price growth, suggesting a potential easing of market pressures going forward.
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11 Articles

farmweekly.com.aufarmweekly.com.au
+4 Reposted by 4 other sources

Farm property sales boom ends, land prices now set for a slow recovery

Explore Rabobank's forecast on Australian farmland prices, predicting a modest 3% growth after a recent decline.

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Bias Distribution

  • 67% of the sources are Center
67% Center

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Queensland Country Life broke the news in on Sunday, May 11, 2025.
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