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store for 2023

more people can live in less space. This could help ease the already-crisis-level rental market, and might even motivate some renters to become first-time home buyers.

In fact, there are some areas around Queensland where buying a home might not be that different in cost than renting - which could create even more demand in the lower end of the housing market, and push prices up in those more affordable locations.

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Overall, if you're looking to upsize your home, the current market is looking pretty fantastic, with some great opportunities to make a significant net saving on your upgrade.

But if you're thinking of downsizing, you might not be so lucky - especially if you're moving from a house to an apartment, since those smaller property types haven't fallen in price as much.

So where should you be looking to buy? The best suburbs in 2023 will probably be the ones that offer the best relative affordability - in other words, places where the median property price is in line with the local average income.

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