Many Australian suburbs are still rising despite higher interest rates
While higher interest rates are cooling parts of Australia's housing market, strong lifestyle demand, tight housing supply and resilient local economies are continuing to drive growth in selected suburbs and micro-markets.
Locations close to beaches or offering strong lifestyle appeal will almost always remain in demand. (Image source: Mason C/Shutterstock.com)
We are currently seeing many real estate markets being tested by rising interest rates and ongoing global economic uncertainty.
Many headlines are forecasting a period of declining Australian property prices
.Savvy property investors, however, understand that Australia does not have one single property market. Instead, it is made up of many different suburban markets, and even smaller micro-markets within individual suburbs.
It is no surprise …
