Property in a Minute : 2024 Wrap Up

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Ben and Andy are back with their final update for 2024.

A strong November was seen across the Core Projects portfolio with highlights in both Metro and Regional markets. A key driver of the solid numbers seen was the resurgence of First Home Buyers who have been largely absent from the market for much of 2024. With interest rate stability over the second half of this year, and cuts widely anticipated in 2025, those who had property in their resolutions for 2024 made the most of compelling incentives and rebates or longer title timeframes currently in market.

Key take-outs:

✅ November saw highest volume of deposits for the year!

✅ First Home Buyers are back

✅ Melbourne is looking increasingly compelling for investors

The team will be back in 2025 with more quickfire Property in a Minute updates!

Standby for our final Melbourne and Geelong GRIP update later this week for your broader market insights.