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In property market World Cup, Sydney and Melbourne in relegation zone

When it comes to property market performance globally, Australia’s state capitals are nowhere to be seen among the better performing cities in the world.

Projection of Australian women soccer players onto Sydney Opera House.
Australia's women's soccer team, The Matildas, rank much higher than the nation's property markets on the world stage. (Image source: Shutterstock.com)

If there was a property market World Cup, no Australian city would have qualified for the 2023 event.

When it comes to property market performance globally, Australia’s state capitals are nowhere to be found among the top 32 cities in the world, the number of representatives that would typically play in a sporting world cup tournament.

Adelaide’s annual residential dwelling increase of 6.0 per cent ranked it 35th among the 150 cities assessed a…

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