The Property Couch

363 | Exodus to the Regions – Will this Trend Reverse? - Chat with Dr Nicola Powell

11.04.2021 - By Bryce Holdaway & Ben KingsleyPlay

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This data is hot off the press folks!!  It’s no secret that property prices have grown quite a bit lately, but recent data is showing that we’re breaking records!

Here’s a snippet from Domain’s media release just a week ago:

September Quarter 2021 House Price Report shows Australian house prices experiencing a historical rate of growth at 21.9%, the fastest annual rate of growth on record with median house prices at almost $1 million nationally.

But…what does this mean for both sellers and buyers? Is this likely to stay or are we going to see a crash in the new year? Is this growth even sustainable with our current economy?! AND…Will the Regional Exodus Backflip?!!

There are heaps of moving parts here and we know it can get a little overwhelming so we’ve outsourced and brought in an expert to help us out. And yes, we’ve been teasing you about her for the past few weeks so bring on the drum roll, please…

Joining us on the show today is none other than Dr Nicola Powell, Chief of Research & Economics for Domain and one of Australia’s leading property market experts!

With more than 15 years of research experience that spans academic, government and private sectors, Nicola is the leading force behind Domain’s regular data reports that keep the Australian public up to date on what’s happening in the market.

Safe to say that we’re in good hands folks.

Tune in to find out more!   Free Stuff MentionedWe are looking for two talented individuals to join our team! If you’re passionate with property and keen to join a fun and dynamic team, learn more here: https://empowerwealth.com.au/career-with-us/Domain’s September 2021 House Price Report – Find out moreDomain’s 2021 School Zones report – Find out more

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