Property market update: Melbourne, September 2021
Melbourne’s property market kept the ball rolling in September as the city’s dwelling values rose once more during t...
Camperdown and Avalon are the choice suburbs for home buyers, according to John McGrath.
McGrath Estate Agents chief executive John McGrath said there are still exceptional buying opportunities in many of Sydney’s key lifestyle areas.
Mr McGrath said rising rents would and a national housing shortage meant there were lucrative opportunities for buyers – provided they buy in the right area.
“In Sydney, demand is strongest from upgraders and investors and I’m expecting prices to continue rising over the next three years – possibly by 8 to 10 per cent in 2011, especially close to the CBD and the beaches,” he said.