Anna Porter

But there are a lot of markets that are still very affordable.

So your smaller capitals like your Adelaides, Brisbane's, Perth's,

where you can still get a freestanding house in a great location for five or six or $700,000, they won't be as heavily impacted by these changing economic conditions and they're still in a really strong position to grow in value.

So we're going to see a real disparity there.

Canberra's had a staggering amount of growth over the last few years, which is fantastic.

I remember a couple of years ago, properties were in the 600s and now they're up around the million dollar mark.

So it's great for anyone that's been living there or invested in Canberra and the rental market has been incredibly strong as well.

However, every market is cyclical and it is getting towards the peak of its cycle.

So I think we'll start to see a bit of a plateau in pricing in Canberra, but the rental market is still quite undersupplied.

So I don't think that's going to stop seeing increasing and being tight just yet.