Macquarie Park in Sydney has been flagged as a property danger zone. Source:NewsLocal That’s according to online property research platform Sell or Hold, which has identified locations across the country where prices will not even keep up with inflation in the next three years.
According to the analysis, 40 per cent of Western Australia’s property markets were set to record negative growth over the next three years. That number was 39 per cent for the Northern Territory, 17.6 per cent for Queensland and 13.2 per cent for NSW. Mr Sheppard said inflation was chosen as a “baseline comparison” to show dwellings in those markets aren’t worth holding for growth reasons because they would be “worth less than they are today in real dollar terms”.
Yes Frank Chung, media negativity and click bait headlines aren’t helping anyone
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