Inner Sydney Apartments > Report
Softening prices experienced over the last year in the Inner Sydney apartment market are likely to continue over the three years to 2021 as a large supply pipeline of around 13,000 apartments progresses to completion. The retreating investor demand has exacerbated this downward price pressure and, although robust rental demand will continue to be driven by young apartment dwellers and students in the coming seven years, elevated new apartment supply is expected to continue to keep rental growth in check. An upswing in the Inner Sydney apartment market is anticipated for 2022 and beyond as the significant level of new supply is absorbed.
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