- Sydney’s surging price growth showed little sign of easing in the first half of 2021, with a tapering now more likely later in the year.
- Melbourne’s price performance over the past six months has rivalled that of Sydney. The impact of now negative net interstate migration bears monitoring, however.
- Brisbane’s is benefitting from a new cycle of interstate migration with affordability and lifestyle attractiveness coming to the fore.
- Perth’s residential markets have begun to climb after looking to have ended their long down cycle during the final six months of 2020.
- Adelaide’s affordability in comparison with east coast markets remains its key advantage, although population growth remains low.
- Canberra’s economic stability provides the market with a strong base with pricing and rents at record highs.