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

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Source: CoreLogic RP Data Nine Rewards Consumer sentiment survey