Property Market Update - February 2023

Property Market Update - February 2023

Verse CEO Corey Wastle sat down with David McMillan, Managing Director of Performance Property and one Australia's leading property experts to discuss the current state of Australian property.

In this video, you'll find insightful commentary and data on the current state of the market across major Australian cities, and where things might be headed from here.

The wide ranging conversation covers:

1. The price declines we've seen in major cities, namely Sydney and Melbourne.

2. What effects further interest rate rises may have on prices.

3. What all this means for the rental market.

4. Why apartments are likely to fair better than houses, for the time being.

5. The most attractive markets to invest in right now, but also why they're not long-term holds.

Enjoy the conversation and as always, if you have any questions about the property market and its impact on your strategy & choices, please don’t hesitate to reach out to us.

(The information provided is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser).

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