Navigating Australia’s Property Market: Growth and Affordability Insights

Australian house prices have regained momentum in early 2024, signalling a persistent mismatch between demand and supply across various regions and cities. The pass-through of interest rate cuts from late last year has the potential to further accelerate price growth and turnover. However, amidst these developments, the pressing question remains: which market holds the greatest potential for growth near-term?

In this session, we’ll delve into prices, rents, affordability, supply, turnover, and demographics across capital city rings and regional locations in Australia. By analysing these factors, we aim to highlight the markets with the most significant growth potential.

Additionally, the session will address the significant deterioration in rental affordability, which has exacerbated cost-of-living pressures. The crucial question arises: can tenants withstand further increases without altering household formation patterns?

Join us as we explore these critical issues within the Australian residential property market.

Maree Kilroy

Senior Economist, Construction & Property Forecasting, Oxford Economics

+61 (0) 2 8458 4283

Email Linkedin Profile

Close

Maree Kilroy

Senior Economist, Construction & Property Forecasting, Oxford Economics

Sydney, Australia

Maree is a senior economist in the property and building forecasting team at Oxford Economics Australia, analysing demographic trends, housing markets and policy shifts. Having worked in industry economics for 10 years, Maree’s primary responsibility is residential property forecasts which are distributed through our subscription products, most notably the recently released ResRadar.

Timothy Hibbert

Head of Building & Property Forecasting, OE Australia

+61 (0) 2 8458 4270

Email Linkedin Profile

Close

Timothy Hibbert

Head of Building & Property Forecasting, OE Australia

Sydney, Australia

Timothy Hibbert leads the property, building, and demographic forecasting at BIS Oxford Economics. He has over 15 years of experience as an industry economist, working across government, consultancy, and subscription services.