Property prices higher since COVID-19 start, but experts unsure what looms
- Mar 14, 2023
- 1 min read
Australian property prices are well above their pre-COVID-19 levels three years since the pandemic began, following a property boom and slowdown, but vary by city and may have further to fall.
National dwelling values are now 14.8 per cent higher than in March 2020, CoreLogic figures show, but Sydney values are 7.7 per cent higher whereas Melbourne has given up almost all of its gains to sit just 0.03 per cent higher.
Regional dwelling values are 30.7 per cent higher overall than they were at the start of the pandemic, the researcher found.
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