Buyers are flooding the Australian property market again to snap up bargains after house prices slumped during the Coronavirus crisis. Hopefully Sydney and Melbourne won’t see this kind of house price fall, but it looks like housing prices will deteriorate significantly by the end of 2018. The rental markets in Sydney, Melbourne and Brisbane are…
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While a cloud of uncertainty hangs over most parts of the global economy, it also hangs over the Australian property market. The rental markets in Sydney, Melbourne and Brisbane are showing strong downward movements, and rents for apartments and houses have deteriorated significantly since the end of 2018. This chart suggests that the most expensive…
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