Australia's 2024 property market outlook

With all the record interest rate rises last year, under supply of properties for sale and record immigration, the Australian property market still went up over 8% last year, after negative growth of almost 5% in 2022.

Industry experts have predicted trend will continue into the first half of 2024, and possibly a spike upwards in the second half when interest rates are predicted to come down.

Let’s see what 2024 has in store for buyers, vendors and investors.

Is it a good time to sell? Or buy?

Looking for the right independent advice ? Drop an email to the vip team David, John, Eric, and Carolina at email@vip-consulting.com.au for a free no obligation consultation.

https://www.thenewdaily.com.au/finance/2024/01/07/property-market-2024-outlook

Written by David Melatti - Director of Astute Buyers Advocate