Polling – Hopes for property prices
Media release
Housing bubble or housing trouble? Australians wary of increasing property prices in future
The Australia Institute surveyed a nationally representative sample of 1,009 Australians about their attitudes to future property prices.
The results show that:
- About as many Australians want property prices to decrease in the future (36%) as want them to increase (33%). One in five (18%) want them to stay the same.
- Australians who own an investment property are the only group where the majority (59%) want property prices to increase.
- Three in five Australian renters (60%) want property prices to decrease.
- Two in five Australians who own their own homes, either with a mortgage or outright, want property prices to increase (42% and 45%, respectively).
