Sydney’s rapidly rising property prices are tipped to slow in 2022, with buyers facing less competition as more homes hit the market.
Strong demand for Fairlight and surrounding suburbs on the northern beaches is tipped to continue in 2022.Units in these suburbs would also do well, he predicted, with many priced out of the housing market by the rapid price gains. “I would say [Greenwich is] one to watch, especially because [of the demand for] prestige property and from what I can see at the moment if there is one category that will continue to have good growth it’s that,” Mr McGlynn added.
Arncliffe homes have been seeing growing interest from first-home buyers and upsizers priced out of the inner west.
One thing that sticks out when I visited Sydney is those red brick buildings, the Garbage bins scattered around the streets, it’s like something from 1820, beside that it’s a beautiful city with some potentials.
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