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Property Price Predictions 2023

What's the outlook for the Australian property markets for 2023 and beyond This is a common question people are asking now that the housing markets have transitioned from the once-in-a-generation property boom experienced in 2020 -21 to the adjustment phase of the property cycle that could be best described as multi-speed While overall the Australian property market is in a downturn, not all of the nation’s property markets are being impacted equally. Each State is at its own stage of the property cycle and within each capital city there are multiple markets with property values falling in some locations, and stagnant in others and there are even a few locations where housing values are still rising.

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