Sydney property cooling but some market segments still booming
Perth and Adelaide may be grabbing the real estate headlines but buyers in Sydney are still fuelling the strong capital growth of certain suburbs and property types.
Property prices in highly sought after suburbs like Bondi have proven resilient, while more affordable property types and suburbs continue to deliver strong capital growth. (Image source: Shutterstock.com)
In Sydney’s high demand suburbs, signs are emerging that buyers are getting increasingly anxious about being priced out altogether and in turn they are supporting the rising prices in the country’s priciest real estate market.
A shift in market preference to townhouses and apartments in response to affordability constraints is underway, while there has been a slight cooling in the upper end of the market with luxury houses days experiencing more…
