Property Forecasting > Report
A very strong development pipeline continues to work its way through in the Inner Sydney Apartment (ISA) area and, off the back of record apartment completions in 2018/19, another significant year of completions is expected in the year ahead. This new supply will continue to ease rent and price pressures in the ISA area in the short-term. Completions are then forecast to fall away as the current slowdown in purchaser demand causes the project pipeline to ease and the market to move back into a state of rising undersupply beyond June 2022. The emergence of that deficiency is expected to underpin price and rental growth during this period, although the rate of growth will likely be comparatively slower by historical standards.
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