Sydney property juggernaut has stalled but investor targets still abound
While the prospect of Sydney delivering another double-digit property price gain in 2024 appears remote, there are some sectors of the market and specific suburbs with upbeat prospects.
Sydney's property market has made millionaires out of many regular home buyers but the raging price growth of past years seems to have abated. (Image source: Shutterstock.com)
Depending on who you listen to, the Sydney property market has either started going backwards with growth prospects diminishing or is still inching upwards with pockets of the city shaping up for major capital growth in 2024.
According to PropTrack, Sydney home prices have been flat since September, declining a very modest 0.04 per cent in January after dipping very slightly in December as well.
CoreLogic paints a slightly rosier picture. Sydne…
