Australian inner-city and middle distance house prices tipped to rise in 2021 but not units
Inner-ring suburbs are expected to outperform the outer suburbs in 2021 - provided the properties aren't home units. While regional areas proved popular last year, Metropole Property Strategists director Michael Yardney said houses in inner and middle-distance areas of Australia's big cities were likely to see price surges this year. 'Properties located in the inner and middle-ring suburbs, particularly in gentrifying locations, will outperform cheaper properties in the outer suburbs,' he said. 'The reason being, Covid-19 has adversely affected low-income earners to a greater extent than midd...