What’s different about today’s property market

A rapid boom in Sydney’s property market occurred between late 2020 and the end of 2021, with the city’s median property price rising 27.7% in just 15 months.
Sydney Home Prices Lose More Than 20% of Their Value on a Rolling Annualised Rate

Explore how recent RBA interest rate increases—totaling 125 basis points with another 50 expected—have triggered a dramatic, annualised 20% drop in Sydney property values, shaking homeowners and the economy.
Spiralling Property Prices Force Buyers to Borrow More

As house prices spiral across the country, would-be homeowners are forced to make a plan. According to CoreLogic data, in February house prices rose at rates beyond anything we’ve seen in 17 years. Only Darwin and Perth have avoided these vast increases in price.