Australian Real Estate in 2024: Key Trends and Insights
Australia’s real estate market in 2024 showcased resilience amidst economic fluctuations, with major cities like Sydney, Melbourne, Brisbane, and Adelaide delivering strong performance across diverse property segments. According to CoreLogic, dwelling values nationwide saw consistent monthly growth, driven by robust buyer demand and limited housing supply.
Sydney continued to dominate with its luxury market, including suburbs like Bellevue Hill and Mosman, where high-end properties achieved record-breaking sales. Melbourne followed closely, with Toorak and Brighton standing out as premium hotspots. Brisbane experienced a surge in demand for lifestyle properties in New Farm and Bulimba, while Adelaide saw steady growth in suburbs like Henley Beach and Unley Park.
Emerging suburbs also gained traction, offering opportunities for first-home buyers and investors. Areas like Munno Para (Adelaide), Rocklea (Brisbane), and Sunshine West (Melbourne) demonstrated strong value growth due to their affordability and improving infrastructure.
As buyers navigated rising interest rates, the importance of professional guidance became evident. Meta Buyers Agents supported clients in identifying opportunities, securing off-market deals, and achieving favorable outcomes in a competitive landscape.
Ready to capitalise on Australia’s thriving property market? Meta Buyers Agents offers expert insights and tailored strategies for Adelaide, Brisbane, Sydney, and Melbourne. Contact us today to start your property journey with confidence.
