Nila Sweeney’s Post

After my recent trip to #perth I do stand by the Valuer’s thoughts on the expected growth. Largely based on how readily available a $500k home I can be found which leases out for $650+ per week. It’s a highly affordable to purchase for occupying or invest. Only time could tell. #australianrealestate #growth #propertyinvestment #perth #sydney

Our Q2 2024 Residential Valuer Insight survey results are in! Find out what our Valuers are saying about the current state of the market across Australia. Key Points: Demand has remained strong: 13x as many Valuers see ‘strong’ to ‘very strong’ demand compared to ‘soft’ or ‘very limited’. Demand to purchase is particularly strong in Perth, Adelaide, and the Gold and Sunshine Coasts. Softer demand is evident in Tasmania, Melbourne Outer Metro, and ACT. Demand by property type: As in the previous quarter, Valuers see demand as being the strongest for houses and recently renovated properties. Softer conditions prevail for unrenovated properties and vacant land. First home buyers/Local investors: The most active buyer types were reported as first home buyers and local investors. Upgraders and down–sizers are also active. Developers are less active. House values next 12 months: 70% of Valuers expect home value growth over the next 12 months. The highest conviction is for Perth, Adelaide and Sydney Metro, with a higher share expecting over 5% increase. Apartment values next 12 months: More Valuers expect apartment value growth over the next 12 months than in Q1 2024, with the highest conviction in Perth, Brisbane Metro, and Adelaide. Nationally, over 4x as many valuers expect price growth vs price fall. Vacant land values next 12 months: 57% of Valuers expect vacant land values to increase with most growth expected in Perth, Adelaide, and Sydney Metro. Future demand: A significantly larger percentage of Valuers expect demand to increase in the next 12 months than decrease. Future supply (listings): There is scope for increased supply (listings) within the next 12 months, with 46% expecting an increase and 8% expecting a decrease (Under Supply). Read the full report here: https://lnkd.in/gzNZ9Xdq https://lnkd.in/gGcbZuFG #CBREVAS #residential #propertymarket #marketinsights Sameer Chopra Andrew Rankin Mat Perry Greg Gerry Patrick McCarthy Izzy O'Hara Craig Godber Tim Frazer Duncan Guthrie Katrina Lukac Albert Pham

Some interesting points made in this article, I must say in 20+ years of valuing property there have been significant differences in capital gains between locations, property usage type, building age, and many other factors. Industrial property in many parts of Sydney had much lower capital gains from 2005-2020 than other property types and significant gains from 2020-present. Retail and commercial office property in some areas have had relatively low capital gains from 2020 to present. Residential property capital gains have been generally good however quite varied based on location, strata vs Torrens Title, newly completed residential developments and the prestige $10m+ market. Any thoughts? As always please be respectful, inclusive and polite to others. This is for the purpose of encouraging discussion and I am not advocating a particular position. https://lnkd.in/g3nM5jbu

Discover the latest trends shaping Brisbane's real estate market in 2024! From booming property prices to emerging suburban hotspots. Whether you're a seasoned investor or a first-time buyer, stay updated to make informed decisions. 🏡📈 For further information and queries contact: https://lnkd.in/g-Z3tPfw #BrisbaneRealEstate #PropertyTrends #InvestSmart #RealEstate2024 #BrisbaneProperty #MarketInsights

Knight Frank has released its latest London New Homes Report, which provides some positive news for homeowners and investors. 🏠 The global property consultancy’s report revealed that house prices in the capital grew annually by 2% in the year ending Q3 2024. The report also found that rental prices outpaced house prices by 5% annually in Greater London in 2024. As the London property market continues to trend in an upward direction, our team is ready to support investors and brokers as they search for their next opportunity. Read more about Knight Frank’s latest report in the article below.👇 https://lnkd.in/ereaXSEa #ButterfieldMortgagesLimited #investors #PCL #UK #property #market #propertyinvestment #London #mortgages

Five things to know about the WA real estate market

While the pace of growth in Brisbane #realestate market has slowed recently, the strong unit market is keeping the Queensland capital's growth trajectory alive and well 🚀   Get the latest insights from Melinda Jennison PhD LREA Qld of Streamline Property Buyers.

🏡 Belle Property Australia - Real Estate Market Update: November 5, 2024 🏡 As we move into November, the real estate landscape across Australia continues to evolve. Here’s a quick roundup of the latest trends, insights, and opportunities to keep you informed about the property market. Whether you’re a buyer, seller, or investor, staying up-to-date with these changes is essential. Here’s what’s happening: 📈 Market Trends: - Rising Demand for Suburban Properties: With continued hybrid work arrangements, suburban areas remain popular for families seeking more space and lifestyle flexibility. - Interest Rate Stability: Following last quarter’s interest rate pause, borrowing conditions remain favorable, encouraging both first-time buyers and investors to consider property purchases. - Sustainable Homes on the Rise: Buyers are showing more interest in eco-friendly properties with energy-efficient designs, impacting demand in the new builds sector. 🏘️ Key Insights for Buyers and Sellers: - Buyers: Now might be an ideal time to enter the market, especially with interest rates holding steady. Properties are seeing competitive pricing, particularly in growth suburbs. - Sellers: With buyer interest remaining strong, especially in suburban and coastal regions, presenting your property at its best can lead to quick sales. 🌟 Featured Locations: - Sydney’s Inner West: Known for its vibrant lifestyle and strong community feel, the Inner West is seeing renewed interest from young professionals and families. - Gold Coast: A favorite for lifestyle-focused buyers, the Gold Coast offers a mix of coastal properties and luxury apartments that remain in high demand. 🔑 Tips for Property Investors: - Focus on growth suburbs where rental demand is high. - Consider properties with sustainable features for long-term value. - Stay informed about local council development plans for upcoming areas. #RealEstateAustralia #BelleProperty #PropertyInvesting #MarketTrends #SustainableLiving #HomeBuyers #PropertyUpdate #SydneyRealEstate #GoldCoastProperty #SuburbanGrowth Let’s connect if you’re looking to explore opportunities in today’s dynamic real estate market!

🏘️💰 8 Must-Know Trends for Aussie Property in 2025 🔮🇦🇺 Australia's property market is set for significant changes in 2025, with eight key trends shaping the landscape. Interest rate cuts are expected in the latter half of the year, though the timing depends on inflation and economic factors. House prices will continue to rise, albeit at a slower pace, with Perth, South-East Queensland, and Adelaide showing strength. The luxury market is experiencing a shake-up, with the Gold Coast overtaking Melbourne as the second most expensive market after Sydney. A "Golden Arc" is emerging from the Gold Coast to Brisbane to the Sunshine Coast, challenging traditional property hierarchies. Regional Australia's million-dollar club is expanding, with more areas joining the elite group. In commercial property, retail is poised to outperform other sectors, while the secondary office market faces challenges. Private investors are expected to drive commercial property activity as interest rates potentially ease. Click on the link below to read the full article: https://lnkd.in/gBHx34Xv #RealEstate #Property #HomeForSale #RealEstateAgent #Realtor #RealtorLife #Investment #HouseHunting #DreamHome #JustListed #HomeInspo #PropertyPorn #RealEstateLife #HouseGoals #HomeSweetHome #CurbAppeal #InteriorInspo #PropertyStyling

In four capital cities – Sydney, Brisbane, Adelaide and Perth – house prices hit a record high; Brisbane, Adelaide and Perth saw record-high unit prices; and Perth units saw their steepest price gain in over three years. https://loom.ly/wEeEdbo