{"id":23246,"date":"2020-01-21T11:49:26","date_gmt":"2020-01-20T22:49:26","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=23246"},"modified":"2020-01-21T11:49:33","modified_gmt":"2020-01-20T22:49:33","slug":"suburbs-where-house-prices-will-jump-more-than-100k-in-2020","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/suburbs-where-house-prices-will-jump-more-than-100k-in-2020\/","title":{"rendered":"Suburbs where house prices will jump more than $100k in 2020"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>PHOTO: Sydney<\/strong><\/p>\n\n\n\n<p class=\"has-drop-cap wp-block-paragraph\">The national housing market finished on a high note last year, with every capital city bar Darwin and Adelaide recording positive property value growth in 2019.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">But there\u2019s one city that looks like it\u2019s well and truly blossoming again, and it\u2019s Sydney.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Related story:<\/strong>&nbsp;<a href=\"https:\/\/au.finance.yahoo.com\/news\/house-prices-december-2019-235739990.html\">Australian house prices record the best quarter in a decade<\/a><\/li><li><strong>Related story:<\/strong>&nbsp;<a href=\"https:\/\/au.finance.yahoo.com\/news\/5-sydney-suburbs-explode-2020-233927208.html\">5 Sydney suburbs where property prices are tipped to explode in 2020<\/a><\/li><li><strong>Related story:&nbsp;<\/strong><a href=\"https:\/\/au.finance.yahoo.com\/news\/investors-flock-sydney-003235967.html\">Property investors flock to Sydney once again<\/a><\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">According to Select Residential Property Research director of research Jeremy Sheppard, there are a handful of regions that will see eye-watering house price growth this year \u2013 but the Harbour City is home to all the areas that will see growth of more than $100,000.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Why are Sydney house prices growing again?<\/strong>&nbsp;<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">There are two reasons why Sydney\u2019s property market is strengthening, Sheppard said: demand is still exceeding supply, and the prices are coming back from where they were during the downturn.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cWith a drop in interest rates, all of a sudden buyers priced out of these markets are back in with a chance,\u201d he said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, he cautioned that these figures did not mean that \u2018boom-type conditions\u2019 in Sydney are back.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe top growth rate isn\u2019t even above 8 per cent,\u201d Sheppard said, \u201cBut pretty good nonetheless.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s a look at the Sydney suburbs where house prices will jump by more than $100,000:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Bronte, Sydney NSW: +$219,000<\/li><li>Paddington, Sydney NSW: +$145,000<\/li><li>Collaroy Plateau, Sydney NSW: +$107,000<\/li><li>Davidson, Sydney NSW: +$103,000<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Runners-up<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\"><li>Allambie Heights, Sydney NSW: +$98,000<\/li><li>Narraweena, Sydney NSW: +$93,000<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Where else are house prices expected to grow?<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">READ MORE VIA <a href=\"https:\/\/au.finance.yahoo.com\/news\/suburbs-100k-2020-011549904.html\">YAHOO<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Sydney The national housing market finished on a high<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/suburbs-where-house-prices-will-jump-more-than-100k-in-2020\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":23247,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478100564,478098535,478107394,478108071,478100761],"class_list":["entry","author-data123nz","post-23246","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australian-house-prices","tag-house-prices","tag-house-prices-boom","tag-house-prices-in-sydney","tag-house-prices-plunge-across-the-country"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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