Property investors in Sydney, Melbourne most optimistic: CoreLogic RP Data

Property investors in Sydney, Melbourne most optimistic: CoreLogic RP Data
Property investors in Sydney, Melbourne most optimistic: CoreLogic RP Data

Property investors in Sydney and Melbourne are the most optimistic nationwide about short term growth in dwelling values with 63% and 73% respectively believing values will rise in the next six months.

Just under half (48%) of respondents to the CoreLogic RP Data Nine Rewards Consumer sentiment survey expect home values to rise in the next six months, compared with 49% over the previous quarter.

Of those who think values will rise, 78% consider it will be by less than 5%. 12% of respondents think home values will fall over the next six months.

Less than 20% of respondents in Perth, regional Western Australia and regional South Australia expect a rise in values. 

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Property investors in Sydney, Melbourne most optimistic: CoreLogic RP Data

Do you believe home values will rise, fall or remain stable over the next 12 months.

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Property investors in Sydney, Melbourne most optimistic: CoreLogic RP Data

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Property investors in Sydney, Melbourne most optimistic: CoreLogic RP Data

Source: CoreLogic RP Data Nine Rewards Consumer sentiment survey

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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Price Growth Home Value

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