It’s customary at the end of the year to look back at the year that was and then look forward to making some predictions for our housing markets for the year ahead and in today’s show Dr Andrew Wilson and I explore the trends that will shape the property markets in 2025.
Takeaways
- The housing market in 2024 has been consolidating after a strong rebound in 2023.
- Melbourne's property market is underperforming compared to other capitals but offers significant future opportunities as you can buy well-located properties with substantial built-in equity.
- Interest rates are likely to remain steady till the middle of 2025, impacting buyer activity and market sentiment.
- Over 2024, Brisbane, Perth, and Adelaide property markets grew strongly and attracted investors, often buying secondary properties sight unseen
- Rental growth has slowed due to affordability barriers, but vacancy rates remain extremely low.
- Investors are returning to the market, particularly in states with strong capital growth.
- The economic outlook remains positive, supporting housing market stability in 2025.
- Local factors will drive price growth in 2025, rather than national trends.
- Understanding demographic trends is crucial for property investors.
- A strategic property plan can help investors navigate the current market conditions with more certainty.
Links and Resources:
Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us
Get a bundle of free reports and eBooks – www.PodcastBonus.com.au
Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.
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