Property Insights and Market Reports

In CY24, state property markets diverged and housing became increasingly unaffordable to some capital cities, with Brisbane cementing itself as the second most expensive city in Australia.

In FY24, areas with the highest proportion of cash purchases were highly to have a older demographic, consisting of retirees, ‘treechangers’ or ‘seachangers’ that were looking to make the move regionally. 

New loan volumes continue to make up an increasing share of the market in the Sep-24 Qtr, as the share of cash purchases continue to decline.

Having overtaken Melbourne with its higher residential median sale price in the previous quarter, Brisbane extended its lead as the second most expensive city in the Sep-24 Qtr.