2023 Market Analysis "The pressure of climbing interest rates and affordability tested the housing market through 2023, however resilience largely prevailed. An annual increase of 3.4% in capital growth across Stepney, Maylands and Evandale highlighted the value of irreplaceable assets with strong performers being renovated and near new homes. Large allotments which provided scope for redevelopment were also in high demand. A positive outlook heading into 2024." Kosta Zaharogiannis Stepney • 20 transactions July – December • Median value $1,300,000 • Growth in 2023 + 6.3% Maylands • 11 transactions July – December • Median value $1,440,000 • Growth in 2023 + 2.7% Evandale • 12 transactions July – December • Median value $1,320,000 • Growth in 2023 + 1.4% Market Review.
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