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Property Predictions was established with a single goal in mind: to create and provide accurate data and insights into Australia’s rapidly evolving property market. Using our unique database and predictive algorithms, our team provides a range of reports tailored to meet the specific requirements of property investors.
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- What Will Happen to the Australian Housing Market in 2023?Whether you are planning on buying a home or selling one in 2023, it is essential to understand property forecasts for the Australian housing market. Several factors will influence the future of property prices, including interest rates and the economy. These will play a significant role in determining the Australian housing market predictions for 2023. Mortgage Stress and Rising Interest...0 Comments 0 SharesPlease log in to like, share and comment!
- Brisbane Property Market Forecast 2023The Brisbane property forecasts strengthen in the coming months and years. The area's strong capital growth rate and demographics will continue to propel growth. However, a decline in borrowing capacity and increasing interest rates will cause downward pressure on prices. Despite this, there are still opportunities to buy property in the booming state. It is the perfect time to lock in a...0 Comments 0 Shares
- Housing Market Predictions For the Year 2023 in AustraliaAustralian house prices are expected to fall in 2023, according to the Commonwealth Bank. This is a result of a rapid tightening cycle. The RBA has raised interest rates and will continue to do so as a means to quell inflation. It is also expected that the supply of new homes will be limited. Consequently, the value of the existing housing stock is predicted to fall in 2023 by about five...0 Comments 0 Shares
- What are the different buyer groups reacting to the housing market decline?Since the downturn in property spreads across all Australian markets for housing, every buyer and seller exercise has slowed. But, the demand for home finance for owner-occupied homeowners who aren't the first home buyers (i.e., the following customers categorized as upgraders, downsizers, and movers) appears to be quite flexible in the rising cost environment. We can observe how the different...0 Comments 0 Shares
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