Property Market Bounced Back in the First Half of 2023

August 1, 2023 4:01 am in by

The property market bounced back in the first half of 2023, even as interest rates continued to rise.

A deep dive into market activity over the past six months shows owner-occupiers are seeking affordability in city suburbs, while investors are chasing returns in our smaller capitals.

Amid the turnaround in the property market, PropTrack data shows Kadina has been a particular standout with over a 51% increase in house prices over the last 3 years with a median house price of $364k.

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