Apartments

Apartments are rapidly becoming the dwelling of choice for a majority of people in some of the key locations across the nation. More and more people are opting to buy apartments and other types of attached dwellings because of the low maintenance lifestyle and/or the lower buy-in prices. Right now, the strongest markets in our biggest cities are the inner-city areas where apartments dominate the residential real estate scene. All this is graphically illustrated in the new Spring 2023 edition of The Price Predictor Index, which analyses buyer demand for all the major suburbs and towns across Australia. This report finds that the strongest market precinct in the Greater Sydney area, right now, is the City of Sydney LGA, which encompasses the Sydney CBD and near-City suburbs like Potts Point, Elizabeth Bay and Darlinghurst. Indeed, we rank the City of Sydney as our National Growth Star, the strongest municipality for buyer demand in Australia.