Market Update

It's no surprise that investors are flocking to property.  New data from CoreLogic reveals that housing has outperformed shares in six of the past ten years with impressive returns.

Australians have always turned to bricks and mortar to build wealth, and this trend shows no sign of slowing down.  In September 2024 (the most recent figures available), the value of new loans to investors was 29.5% higher than in September 2023.  More importantly, these investors were well rewarded with price growth of 8.3% in 2024.

In 2025 many of the same drivers that drove price growth in 2024 are still in place.

* A nationwide shortage of housing, a tight rental market with a vacancy rate of 1.4% and sluggish new home construction, with building approvals falling 3.6% in November.

These factors point to an ongoing trend of steadily rising values over time.

For investors, now may be a window of opportunity.  While property prices were cooling in some markets in 2024, CoreLogic suggests that any downturn will likely be shallow and short-lived.  Interest rates are expected to fall - which could ignite which could reignite housing demand and price growth.

Investors who hesitate could miss out, as falling rates may boost borrowing power, increasing buyer competition.

Looking ahead to the next 5 years, the property market on the northern beaches looks positive due to the continued appeal as a lifestyle destination and the market demonstrates resilience positioning for strong growth in the future. 

If you are considering selling your property and feel the timing is right, please feel free to contact our office and we will be more than happy to walk you through the sales process e.g. the importance of styling and presenting your property to its absolute best.