The 6 Big Factors That Will Affect The Property Market In 2024 And Why You Need To Start Planning Now So You Don’t Miss Out! - Part 1 | #252
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We're breaking down what's driving property prices in 2024 and why it's a big deal for investors like YOU.
Property prices have been on the rise, especially for homes under 600k. That’s driven by high interest rates messing with how much people can borrow. Meaning, more folks are scrambling to buy, pushing prices even higher.
And with banks loosening up their lending rules, it's like they're handing out cash left and right.
On top of all that, the government's trying to fix a job shortage by bringing in more migrants, but it's creating a housing mess in the process. Looks like they're solving one problem by making another.
For the average joe, this all smells like trouble. But for investors like you, it's a golden opportunity.
With hardly any empty rentals and properties already worth more than what tenants are paying, you're sitting pretty.
So, buckle up, because 2024 is gearing up to be a record-breaking year for property growth.
Don't miss out on the chance to ride this wave of success with us! Stay tuned for more insider tips and tricks to stay ahead of the game.
If you love this episode, email us at podcast@dashdot.com.au, and don’t forget to subscribe, rate, and share this podcast!
See you on the inside!
In this episode, we cover:
- 00:00 Coming Up
- 02:18 Australia's Housing Supply and Demand
- 08:13 The Impact of Immigration, Supply and Demand, and Interest Rates on the Property Market
- 14:30 Trends in the Aussie Property Market and Factors Driving Prices
- 19:04 Exploring Property Market Trends and Government Regulations
- 23:54 Australia's Rental Market: Low Vacancy Rates and High Demand
- 28:35 Understanding Property Market Trends and Factors Influencing Investment
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