Not really.... even the lower end of market also going up pretty well. There are always others who have the money & want to buy (not rent).
Demand cranks up for older-style apartment blocks after Mascot Towers and Opal Tower disasters
Demand is cranking up for ‘good old-fashioned’ flats with 21 bidders registering for a Randwick unit that sold for $290,000 above reserve on Saturday.
https://www.news.com.au/finance/rea...s/news-story/2e3ed5f616c67453febb7eebedfa9841
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