Nerida Conisbee

Chief Economist, Ray White
· tracked since Apr 2026
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VNQ long +0.8%
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VNQ long 1 month ago
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VNQ Vanguard... Vanguard Real Estate ETF
Long
Apr 21
$95.31
+0.8%
Affordable Sydney, Melbourne housing remains strong.
The bottom 25th percentile (affordable segment) of the Sydney and Melbourne housing markets is experiencing strong price growth (12-13%) due to generous first home buyer incentives like the 5% deposit scheme and a persistent lack of building supply. This segment is being buoyed despite broader market headwinds.
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