14/01/2025
šØ *Australian Property Market Update ā 2025* šØ
š The Australian property market hit a historic $11 trillion milestone, with residential real estate growing by $900 billion in one year! Despite this, price growth is slowing. Here's what you need to know:
- š *Perth Shines!* Perth recorded a massive 24.1% annual growth, with cities like Sydney, Brisbane, and Adelaide also reaching record highs.
- š *Mixed Performance*: While regional areas saw 1.0% quarterly growth, Melbourne and Hobart values are down 5.1% and 12.5% from their 2022 peaks.
- š *Investor Action*: Investors now account for 38.6% of new loan commitments, the highest since 2017!
- š *Spring Surge*: New listings increased by 2.1% year-on-year, marking the strongest start to spring since 2021, though overall sales volumes dipped slightly.
š
*Experts predict sustained demand for housing despite slower growth, enabling both buyers and investors to capitalize on new opportunities in 2025.*
š Ready to navigate these evolving market conditions? Don't hesitateāreach out today to discuss your goals!
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