Suburb Trends June 2021 | Price predictions for the 2nd half of 2021!

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By Chris Bates and Veronica Morgan. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

This month we look at year to date data, focusing on how the dramatic price rises of the most recent months may have set the stage for the rest of the year? It has been a challenging time for home buyers and a lucrative opportunity for vendors, but will current market conditions last? How many more times will the buyer’s return to the market to try their luck again?

Kent Lardner provides key statistical insights on current trends and their inevitable effect on the property market, revealing the full extent of the recent price rises, with 20% of all markets risen in value by 20%.

Here’s what we covered:

  • How inventory levels and price changes relate.
  • What areas with high supply still saw a positive price change?
  • Any areas with low supply and negative price changes?
  • What is the outlook for the remainder of 2021
  • What areas will be worth investing in later in the year?

RELEVANT EPISODES:Suburb Trends May 2021 | Rental Vacancies Suburb Trends April 2021 | Highest median growth suburbs! Suburb Trends March 2021 | Areas with big price falls!

LINKS:www.suburbtrends.com https://www.suburbtrends.com/suburb-reviews

HOST LINKS:Looking for a Sydney Buyers Agent? www.gooddeeds.com.au Work with Veronica: https://linktr.ee/veronicamorgan Looking for a Mortgage Broker? www.wealthful.com.au Work with Chris: hello@wealthful.com.au

Send in your questions to: questions@theelephantintheroom.com.au

EPISODE TRANSCRIPT: Please note that this has been transcribed by half-human-half-robot, so brace yourself for typos and the odd bit of weirdness…This episode was recorded in June, 2021.

https://www.theelephantintheroom.com.au/podcasts/st11

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