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What to expect in 2021: Prices tipped to drop before rebounding strong By Maja Garaca Djurdjevic 14 December 2020 | 1 minute read SHARE Modest property price growth is expected to close off this year, with a strong rebound predicted for next year, a national real estate agency has said. Nationally, Australia has already seen a 3.1 per cent increase in median house values compared with this time last year, helped by lower interest rates, substantial government stimulus and a bounce in confidence as the pandemic comes under control. But, according to real estate agency Upside, 2021 is expected to kick off earlier than usual with strong volumes, on the back of a build-up in properties that didn’t hit the market this year, which could see prices momentarily drop as supply increases. ....