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In this national report, we delve into the current landscape of Australia’s housing market, with a particular focus on unit affordability across major cities and regions. Our analysis pinpoints the varying levels of accessibility in unit pricing, highlighting where prospective buyers can still find units for under $500,000. This comprehensive price segmentation analysis across cities such as Sydney, Melbourne, Brisbane, Adelaide, Perth, Hobart, Darwin and the Australian Capital Territory reveals significant disparities in the availability of affordable units, reflecting broader economic trends and local market conditions. #suburbtrends

Unpacking multi-speed conditions in Australia's housing markets 1. Australian housing markets have shown a wide range of growth rates, with Perth seeing a 22.0% increase in dwelling values and Hobart experiencing a slight decline of -0.1%. 2. Perth has seen the highest uplift in dwelling values since the pandemic at 62.6%, while Melbourne has only seen an 11.2% gain. 3. Perth, Adelaide, and Brisbane are strong markets due to low supply relative to sales, while Melbourne has an oversupply issue with more new listings than actual sales. 4. Factors influencing supply and demand include Victoria's building boom, interstate migration patterns, job growth variations, and increased investor activity. 5. It's important to consider these factors when analyzing the housing market and making decisions about buying or selling property. https://lnkd.in/g-SR_aqR

📈 Keeping up with the Australian property market? Here's your April edition update! 🏡💼 CoreLogic reports a 0.6% national rise in home values, showcasing diverse growth across capital cities. 🚀 Perth leads with a stellar 2.0% increase, followed closely by Adelaide at 1.3% and Brisbane at 0.9%. Sydney and Melbourne show stability with marginal fluctuations. 🏡 Investors, take note: lower-value ranges are booming, especially in regional areas. Regional WA shines with a 5.3% increase, promising opportunities beyond urban landscapes. 💰 Affordability pressures impact growth in cities like Brisbane, yet there are still savvy opportunities, particularly in regions with better affordability. 📊 Whether you're a seasoned investor or a first-time buyer, understanding market nuances is key. Reach out today to explore your options and capitalise on emerging trends! 💡 Send us a DM or Call 0404 222 779 #propertyinvestment #realestate #australiamarket #investsmart #PBA #propertybuyersadvisory

𝗧𝗵𝗲 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗕𝗼𝗼𝗺: 𝗪𝗵𝘆 𝗦𝗺𝗮𝗹𝗹-𝗧𝗼𝘄𝗻 𝗔𝘂𝘀𝘁𝗿𝗮𝗹𝗶𝗮 𝗶𝘀 𝗢𝘂𝘁𝗽𝗮𝗰𝗶𝗻𝗴 𝗕𝗶𝗴 𝗖𝗶𝘁𝗶𝗲𝘀?   According to the CoreLogic Australia December 2024 Housing Chart Pack, regional property values surged by 1.1% over the past three months, significantly outpacing the 0.3% growth in combined capital cities.   Why are Regional Areas Thriving? 1️⃣ 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗶𝗹𝗶𝘁𝘆: Homes in regional areas offer better value compared to capital cities. 2️⃣ 𝗟𝗶𝗳𝗲𝘀𝘁𝘆𝗹𝗲 𝗖𝗵𝗮𝗻𝗴𝗲𝘀: The pandemic shifted priorities, with many #Australians opting for space and work-from-home flexibility. 3️⃣ 𝗕𝗮𝗹𝗮𝗻𝗰𝗲𝗱 𝗗𝗲𝗺𝗮𝗻𝗱 𝗮𝗻𝗱 𝗦𝘂𝗽𝗽𝗹𝘆: Steady stock levels and buyer interest support sustainable growth.   🏠 These trends indicate a growing shift where affordability and lifestyle are driving #homebuying decisions.   Source: CoreLogic Monthly Housing Chart Pack (December 2024).   𝘼𝙧𝙚 𝙮𝙤𝙪 𝙘𝙤𝙣𝙨𝙞𝙙𝙚𝙧𝙞𝙣𝙜 𝙢𝙤𝙫𝙞𝙣𝙜 𝙩𝙤 𝙖 𝙧𝙚𝙜𝙞𝙤𝙣𝙖𝙡 𝙖𝙧𝙚𝙖? 𝙒𝙝𝙖𝙩'𝙨 𝙮𝙤𝙪𝙧 𝙙𝙧𝙚𝙖𝙢 𝙡𝙤𝙘𝙖𝙩𝙞𝙤𝙣? #WinSquareFinance #AustralianProperty #HomebuyingTrends

Growth cools in Australian housing values through winter as Melbourne median slips below Perth and Adelaide - CoreLogic By Eliza Owen, Head of Research at CoreLogic. National home values increased 0.5% in the month of August, representing the 19th consecutive month of increase in home values and slightly above the downwardly revised 0.3% increase seen through July. However, the pace of growth is showing clear signs of slowing with the quarterly increase in national home values (1.3%) now less than half the rate of growth in the same three month period of 2023 (2.7%). Read more on The Real Estate Conversation https://lnkd.in/gt_TvW-m CoreLogic CoreLogic Australia Eliza Owen The Real Estate Conversation COMMO The Hotel Conversation Tim Lawless #corelogic #elizaowen #coreogicmarketreport #australianrealestate #australianrealestatemarket

Navigating NSW’s Rapid Population Growth: Insights for Property Investors 👥 New South Wales is preparing for unprecedented population growth, with Sydney at the epicentre. Key Trends and Opportunities: • Surge in Demand: Significant migration is driving up housing demand, property prices, and rents. • Property Value Growth: Rising demand boosts property values, creating excellent investment opportunities. • Rising Rental Yields: The growing rental market offers significant returns for property owners. New South Wales’ strong property market offers opportunities for building equity and generating long-term wealth. At Scion, we use our relationships, advanced analytics and market insights to help clients navigate these changes and capitalise on emerging opportunities. 𝘙𝘦𝘢𝘥𝘺 𝘵𝘰 𝘳𝘦𝘤𝘦𝘪𝘷𝘦 𝘶𝘱𝘥𝘢𝘵𝘦𝘴, 𝘯𝘦𝘸𝘴, 𝘢𝘯𝘥 𝘦𝘹𝘤𝘭𝘶𝘴𝘪𝘷𝘦 𝘤𝘰𝘯𝘵𝘦𝘯𝘵 𝘧𝘳𝘰𝘮 𝘚𝘤𝘪𝘰𝘯? 𝘙𝘦𝘨𝘪𝘴𝘵𝘦𝘳 𝘩𝘦𝘳𝘦: https://bit.ly/47aBWRj #PropertyInvestment #RealEstate #NSW #MarketTrends #Scion #Innovation #Development #PopulationGrowth

As we approach the end of 2024, the Australian property market continues to display resilience, with some regions experiencing steady growth despite high interest rates and affordability concerns. Here are a few key trends shaping the market: - Moderate Price Growth: While price growth has slowed overall, cities like Perth and Brisbane are leading with stronger gains, while other regions see more modest increases. - Rising Rents: Persistent low housing supply is contributing to continued rental price increases across the country. - Interest Rate Outlook: Interest rates remain high, but experts are anticipating potential rate cuts in 2025, which may affect market dynamics. - Population Growth: Strong migration and population growth are driving housing demand, particularly in major capital cities. - Regional and City Variations: Property growth is not uniform, with some areas performing better than others, depending on local market conditions. As market conditions evolve, it’s essential to stay informed. For more insights on how these trends may impact your property strategy, reach out to Own Money today. #PropertyMarket2024 #OwnMoney #RealEstate #InvestmentUpdates #HousingTrends #PropertyMarket #HomeBuyingTips #personalfinance #homeloantips #financetips #interestrates #australianrealestate #Australianfinance #australianmoneytips #moneysavingtips

📈 Exciting trends in the property market as recent data shows daily increases in property values across all major Australian cities—Melbourne, Adelaide, Perth, Brisbane and Sydney. This graph provides a clear visualization of the ongoing upward trajectory in urban real estate. Whether you’re an investor, developer, or simply keeping an eye on the market, these figures are a testament to the robustness of Australia’s property landscape. 💡 What could be driving this consistent rise? Infrastructure developments, population growth, or under supply? #RealEstateAustralia #PropertyInvestment #UrbanDevelopment #MarketTrends

As always some good insight here.

🌏 𝐈𝐬 𝐌𝐞𝐥𝐛𝐨𝐮𝐫𝐧𝐞 𝐑𝐞𝐚𝐥𝐥𝐲 𝐅𝐚𝐥𝐥𝐢𝐧𝐠 𝐁𝐞𝐡𝐢𝐧𝐝? 𝐇𝐞𝐫𝐞’𝐬 𝐭𝐡𝐞 𝐓𝐫𝐮𝐭𝐡… . With housing markets heating up in other cities, Melbourne may seem lagging, but savvy investors know the true potential lies beneath the surface. 📉 Discover what’s shaping Melbourne’s market and why this could be the best time to act. . Key Market Insights: . 🌟 Melbourne as an Undervalued Gem 🧳 How Interstate Migration Impacts Demand 🦠 The Effects of Extended Lockdowns 🏢 Housing Oversupply and Market Timing 📊 Long-Term Growth and Infrastructure Boosts Want to see why investors are getting interested? . 🎬 𝐖𝐚𝐭𝐜𝐡 𝐭𝐡𝐞 𝐟𝐮𝐥𝐥 𝐯𝐢𝐝𝐞𝐨 𝐡𝐞𝐫𝐞: https://bit.ly/4eXGM8x . #MelbourneMarket #RealEstateAustralia #InvestmentOpportunities #MelbourneInsights #HousingMarket #AussieProperty