Property prices predicted to continue increasing in 2022

By Maria Gil · · 1 min read
Fact Checked
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family with a dog looking at future homes

In 2022, the Australian property market could see similar growth as 2021 but not as strong, says the newest Bricks and Mortar market forecast.

Here is what the experts predict:

  • In 2022 we will see property price increases but not at the same acceleration as 2021.
  • Bank interest rates are likely to increase, which could reduce the numbers of buyers.
  • As restrictions lift, the supply of homes available on the market should increase.
  • Houses are predicted to outperform units again.
  • The regional property market is likely to continue to be a popular choice for home buyers.
  • When the borders open, experts predict a spike in rental prices and demand.

Overall, the Australian property market exceeded all expectations this year. Nationwide prices for houses and units rose 22.2 per cent and the median value of a home went up by $126,700. Many economists predict that the market's momentum will likely slow down but not to pre-pandemic levels.

If you are thinking about buying a home in 2022, head over to our home loan guides page to get tips on how to save for a mortgage and the money tests you need to pass before you get a mortgage. If you’re ready to buy check out our home loan comparison hub or see our round-up of some of the best home loans from the Mozo Experts Choice Awards.

Home loan comparisons on Mozo - last updated 2 December 2023

Search promoted home loans below or do a full Mozo database search . Advertiser disclosure
  • Featured Product
    Mozo Expert Choice Badge
    Unloan Variable

    Owner Occupier, Refinance Only, LVR <80%

    interest rate
    comparison rate
    Initial monthly repayment
    5.74% p.a. variable
    5.65% p.a.

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    Variable Home Loan 90

    Principal and Interest, LVR <90%

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    Initial monthly repayment
    6.04% p.a. variable
    6.06% p.a.

    Affordable home loan rate for buyers or refinancers. No monthly or ongoing fees. Option to add an offset for 0.10%. Access to savings with unlimited redraws available. Minimum 10% deposit required. Advertised rates include Nov RBA rate increase. T&Cs apply.

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  • Offset Home Loan

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    interest rate
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    Initial monthly repayment
    6.14% p.a. variable
    6.39% p.a.

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    Variable Rate Home Loan Special Offer

    Package, Owner Occupier, Principal & Interest, LVR<80%

    interest rate
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    Initial monthly repayment
    6.14% p.a. variable
    6.51% p.a.

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  • Flex Home Loan

    Owner Occupier, Principal & Interest, LVR <80%

    interest rate
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    Initial monthly repayment
    6.19% p.a. variable
    6.43% p.a.

    Competitive variable rate. Multiple offset accounts available. Borrowers can also make extra repayments. Redraw facility available. Simple online application process.

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  • Well Balanced Special Offer

    Owner Occupier, Principal & Interest, LVR <80%

    interest rate
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    Initial monthly repayment
    6.12% p.a. variable
    6.14% p.a.

    Competitive low rates available for owner occupiers. Free online redraws. 100% offset account for a small fee ($10 p/mth). Quick and easy application online. Get a free evaluation (Valued up to $300). Minimum loan amount $100K.

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  • Basic Home Loan

    Owner Occupier, LVR<70%, Principal & Interest

    interest rate
    comparison rate
    Initial monthly repayment
    6.14% p.a. variable
    6.16% p.a.

    Enjoy a low rate home loan with $0 application fee and $0 ongoing fees. Flexibility to split your loan and set different repayment types. Fee free redraw from your loan using online banking. Flexible ways to repay. 30% Deposit required.

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  • Solar Home Loan

    Investment, Principal & Interest, LVR <90%

    interest rate
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    Initial monthly repayment
    6.19% p.a.variable for 60 months and then 6.73% p.a. variable
    6.58% p.a.

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  • Well Balanced

    Investor, Principal & Interest, LVR <80%

    interest rate
    comparison rate
    Initial monthly repayment
    6.39% p.a. variable
    6.42% p.a.

    Competitive low rates available for investors. Free online redraws. 100% offset account for a small fee ($10 p/mth). Get a free evaluation (Valued up to $300). Fast online application. Minimum loan amount $100K.

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* WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. The comparison rate displayed is for a secured loan with monthly principal and interest repayments for $150,000 over 25 years.

** Initial monthly repayment figures are estimates only, based on the advertised rate. You can change the loan amount and term in the input boxes at the top of this table. Rates, fees and charges and therefore the total cost of the loan may vary depending on your loan amount, loan term, and credit history. Actual repayments will depend on your individual circumstances and interest rate changes.

^See information about the Mozo Experts Choice Home Loan Awards

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