Why 2021 was a property year like never before

In the final months of last year, it was clear to many of us in the property investment sector that something “big” was about to happen in property markets around the nation.

We started to see a sharp uptick in enquiry from potential clients as buyer demand started to ramp up.

At the same time, the property listings started to dry up, which caused a significant imbalance between supply and demand.

Of course, when this happens it creates upward price pressure on real estate, which was already under way in some markets before this year had started.

By the time that the school year had begun, the price of property had started to rise strongly month on month – a situation that continued throughout this year.

Since the start of the year, median house prices have grown by double digits in every capital city as well as most major regional areas.

However, some of the price growth in some locations is difficult to comprehend, especially in markets where the fundamentals don’t seem to add up.

What’s next for markets?

There is growing evidence that some major property markets have started to moderate.

Some of the statistics that are starting to flow through to support this point of view include an increase in the number of new property listings for sale in Sydney and Melbourne in particular.

With additional supply coming on to the market, as well as buyer demand impacted by affordability issues in these two areas, then it stands to reason that the recent robust price growth will likely not continue into next year.

Indeed, if we think back to the peak of the Sydney market in about 2017, when the median house price had soared to about $1 million, it is tricky to reconcile the fact that it is now an extraordinary $1.35 million.

Likewise, in Melbourne, where it was $750,000 but is now approaching $1 million.

Ditto, another extreme example of the rampant price growth over the past year is Hobart, which did have a number of years of strong growth before the pandemic.

However, its median house price of about $400,000 four years ago, has now morphed into $726,000 – a figure that is the same as Brisbane, and higher than Adelaide or Perth.

For a city with about one-tenth of the population of Brisbane, it is difficult to understand the market’s performance this year – even though there has been a marked shift to lifestyle locations.

Only time will tell what happens to prices in these cities over coming months.

But, next year, we will continue to buy into Brisbane – as we have been doing for a few years already – because we believe there is still plenty more price growth to come there.

We are expecting house prices to continue to rise in Brisbane next year, possibly by up to about 10 per cent or even more in some select locations.

This is partly because its median house price remains significantly below Sydney and Melbourne, plus it has a massive major infrastructure program well under way and is welcoming record numbers of interstate migrants as well.

We will also be scoping out another capital city that we believe provides plenty of upside potential – we just can’t talk about that publicly yet!

High-Performance Property Investment in
5 Simple Steps

In this free guide, you will learn how to Implement the same strategies that led me to build a $3.5 million dollar portfolio in less than six years. – Daniel Walsh

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Respecting your Privacy

Your Property Your Wealth Pty Ltd (YPYW) is committed to supporting the Australian Privacy Principles for all fair handling of Personal Information which set clear standards for the collection, use, disclosure, storage of and access to Personal Information collected during the course of business operations and compliance with the Privacy Act 1988 (Commonwealth) and its amendments (the Act), and the Australian Privacy Principles (APPs) set out in that Act. You can see the full text of the APPs online at the Office of the Australian Information Commissioner’s website at:


Personal Information means your name, mailing or residential address, telephone number, email address and other transaction and registration details including the company you work for and your role and financial information, including credit card information and information collected from credit reporting agencies.

Our respect for your rights to the privacy of your personal information is paramount.  We have policies and procedures in place to ensure that all personal information, no matter how or where it is obtained, is handled sensitively, securely and in accordance with the APPs.

This Privacy Policy sets out:

  • What sort of personal information is collected and stored;
  • How information is collected and used;
  • What happens if you choose not to provide the required information; and
  • How you can request access to the personal information we hold about you.

From time to time it may be necessary for YPYW to review and revise this Privacy Policy. We reserve the right to change our policy at any time. Amendments or replacements of the Privacy Policy will be posted on our website.

Collection of Your Personal Information

We only collect personal information relevant to our business relationship with you so that we can provide our services and products. We may collect your personal information:

  • directly from you including via telephone, email or facsimile;
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  • from other sources including a third party such as credit reporting; and
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Is your personal information secure

Where you submit personal information, we manage it by using up-to-date techniques and processes that meet current industry standards to ensure that your personal information is kept secure and confidential. We also take measures to destroy or permanently de-identify personal information if it is no longer required.

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You acknowledge and consent that by providing your personal information to us that we may use and disclose your personal information for the purpose for which it was collected or for a related or ancillary purpose such as:

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What happens if you do not want to disclose personal information?

You have no obligation to provide any personal information requested by us, but if you choose to withhold personal information, we may not be able to provide you with the products and services that depend on the collection of that information.

Removing your personal information

You may contact us at any time in writing and request that we remove and delete your stored personal information.

Providing Personal Information About Another Person

You represent to us that where you provide personal information to us about another person, you are authorised to provide that information to us, and that you will inform that person who we are, how we use and disclose their information, and that they can gain access to that information.

Linked Sites

YPYW’s website may contain links to websites which are owned or operated by other parties. You should make enquiries as to the privacy policies of these parties. We are not responsible for information, or the privacy practices of such websites.

How can you access your personal information?

You may in writing request access to personal information that we hold about you. We will provide you with access to personal information in accordance with the Act and APPs and we may not grant you access to the personal information that we hold where the APPs allow us to do so. If you are refused access to information, we will provide you with reasons for the refusal in writing.

How to contact us

If you have any questions in relation to privacy, please contact us on 0490 912 045 or email Daniel Walsh – admin@ypyw.com.au. For more information about privacy law please visit http://www.oaic.gov.au/privacy.

High-Performance Property Investment in 5 Simple Steps

In this free guide, you will learn how to Implement the same strategies that led me to build a $3.5 million dollar portfolio in less than six years. – Daniel Walsh