Home costs have virtually hit a report excessive throughout Australia, nevertheless there are indicators the increase is easing. For a lot of 2023, the property market defied the odd, regardless of rising rates of interest. We get ideas from consultants about how, when and the place to purchase the dream dwelling. In lots of capital cities, there’s simply not sufficient properties up on the market. Discovering someplace to hire can also be getting more durable with costs are at a report excessive. On this particular summer time episode of The Enterprise, we discuss to economists, actual property brokers and auctioneers about the place home costs and rents are entering into 2024. This system is introduced by Alicia Barry.
00:00 Introduction
01:35 Market ‘nonetheless sizzling’
02:17 Public sale ideas
02:38 How do I exploit a purchaser’s agent?
03:27 The trajectory of the market will depend on the place you reside
07:29 CoreLogic’s Eliza Owen’s 2024 worth predictions
13:30 Ideas for potential consumers
14:42 Will extra properties come in the marketplace?
15:01 Why 2024 might be a ‘optimistic yr’
15:43 Is there any rental aid in sight?
20:40 Residing in a granny flat in your 40s
24:19 Rental disaster powerful however ‘stabilising’
25:34 Recommendation for aspiring tenants
26:00 What landlords search for in tenants
26:28 Landlords feeling the charges pinch
26:58 Explanation why there are fewer rental properties
27:35 Outro
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