There’s one place that people are leaving in droves and the ripple effect could see a huge change in how Aussies invest in and buy property.
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Property in Australia’s capital cities rose an average of 3 per cent in 2020, while regional markets climbed 6.9 per cent higher.
Buying a home in every capital city across the country except for Melbourne became more expensive in 2020.
Five of Australia’s eight capital cities are on course to experience double-digit house price growth in 2021.
CoreLogic’s Best of the Best 2020 Report reveals Australia’s $7.2 trillion residential real estate market proved remarkably resilient.
Property prices have surprisingly lifted even after the downward spiral to the economy this year. Here are the suburbs that have been given a boost.
All capital cities apart from Melbourne recorded a rise in residential property prices in the September quarter 2020.
House prices, which are already making a strong recovery from the COVID-19 recession, are likely to inflate further in 2021.
Housing bears can take a load off — a forthcoming debt crisis is unlikely, CBA says.

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COVID-19 has knocked Sydney off its perch as Australia’s most expensive city to rent a home, with that title now belonging to Canberra.
Housing finance hit an all-time high in November, with the latest official data indicating investors are starting to return to property markets across the country.
Property investor Chris Doyle has built a $2.7 million portfolio well before turning 40, and now he’s formulating a strategy to help others emulate his success.
Some holiday home buyers are overlooking five key strategies which can turn their costly lifestyle investment into a money-making asset.
After a year of unprecedented change across Australian property markets, commercial and residential experts at Knight Frank share 10 trends likely to take off in 2021.
Ray White Upper North Shore Director David Walker recently celebrated his tenth year with the Ray White Group in style by crashing through the $1 billion property sales milestone.
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