Nerida Conisbee

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255 appearances 2 recordings 2 series first heard Feb 2022 last heard 5 May

Nerida Conisbee’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.

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Aussie Real Estate Podcast · Nerida Conisbee Economist · 14 Feb 2022 podcast

We could see that prices were really on the increase and it was going to be a very big year.

I think this year there's a lot more uncertainty.

On one hand, COVID is starting to become a little bit more

less of an impact in terms of the way we live.

But there's a lot of other influences on the property market, such as the threat of interest rate rises, opening borders, all of those things are going to have a different impact on what happens in 2022.

Yeah, absolutely.

I mean, as you said, people, when they come to Australia, they rent before they buy.

And last year, we did see very solid rental growth in many locations.

It was partly to do with the fact that people were getting wealthier through the pandemic.

We've seen it through ABS data that

Australians are the wealthiest they've ever been, but also because we had a lot of movement in Australia.

So a lot of movement, particularly up to Southeast Queensland, which really pushed up rental levels.

Rental levels for houses in Brisbane actually increased by about 20%.

So we did see some really big pickups.

The areas though that struggled were those areas that did house a lot of overseas students.

So if you have a look at somewhere like Melbourne CBD, we did see a fall in rents of in excess of 20%.

Places like North Ryde in Sydney, Parramatta saw pretty big drops.

So what we are expecting this year that rents will continue to increase for houses, but we will also see a recovery in those unit rents, which have been particularly problematic for a lot of people that invest in apartments.

Yeah, look, we did have a look at that in our most recent property market update.

So that's available on raywhite.com.

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