Property Winners And Losers…

Core Logic released their annual Best of the Best report, and they say that while at first glance, the Australian housing market was surprisingly resilient through 2024, it can be characterised as having stronger conditions ‘out of the gate’, which slowed over the course of the year under waning demand, rising levels of advertised supply and a changed outlook for inflation and interest rates. There were significant variations across property types and locations, with significant rises and falls, and units doing better than houses. Melbourne dominated the list of the worst-performing house and unit markets, underscoring the city’s weak showing […]