As 2024 wraps up, the property market is shifting, with rising listings, slowing price growth, and new opportunities on the horizon. In this issue, we highlight:
Stay ahead with the latest trends to make informed decisions.
Quick heads-up: Before we get into the details, we wanted to share something important.
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Hot 100 Suburbs to Watch in 2025: Expert Predictions
As we gear up for 2025, property experts have pinpointed the top suburbs across Australia that are set to deliver exceptional growth and opportunities. Whether you’re an investor, renovator, or simply keeping an eye on the market, these locations are worth your attention.
According to Realestate.com.au’s Hot 100 Suburbs to Watch in 2025 report, here’s a state-by-state breakdown of the suburbs tipped for success:
New South Wales
Castle Hill, Wattle Grove, Long Jetty, Orange, Pottsville, Forster, Tuncurry, Nambucca Heads, Tweed Heads, Riverwood, Eastlakes, Greenacre, Ashcroft, Busby, Miller, Tea Gardens, Hawks Nest, Eden, Condell Park, Guildford, Maroubra, Malabar, La Perouse, Anna Bay, Murwillumbah, Berry, Kangaroo Valley, Lurnea, Cartwright, Macksville, Scotts Head, Brunswick Heads, Ocean Shores
Victoria
Geelong West, Werribee, Shepparton, Maryborough, Clayton (North), Wonthaggi, Inverloch, Balwyn, Phillip Island, Bundoora (West), Thomastown, Euroa, Brighton, Pakenham (South East), Hastings, Dandenong (North), Doncaster East (South), Springvale, Lalor (East)
Queensland
Caboolture, Coomera, Geebung, Clayfield, Tewantin, Pialba, Eli Waters, Burleigh Waters, Currumbin Waters, Labrador, Elanora, Biggera Waters, Caloundra, Kings Beach, Southport (South), Maryborough Surrounds (South), Magnetic Island, Point Vernon, Palm Beach, Carrara, Torquay, Scarness, Kawungan, Golden Beach, Pelican Waters, Robina (West), Southport (North), Redcliffe, Rockhampton
South Australia
Christies Beach, Hillcrest, Mount Barker, Elizabeth, Victor Harbor, Christie Downs, Goolwa, Port Elliot, Smithfield, Elizabeth North, Hackham West, Huntfield Heights, Mannum, Mitchell Park, Morphett Vale (West), Morphett Vale (East), Port Adelaide, Salisbury, Hope Valley, Modbury, Paradise, Newton, Pooraka, Cavan, Yankalilla, The Parks, Adelaide, Seaton, Grange, Warradale, Aldinga, Ingle Farm, Davoren Park, Reynella
Western Australia
Mandurah, Busselton (West), Augusta, College Grove, Carey Park, Busselton (East), Rockingham, Exmouth, Gosnells, Halls Head, Erskine, Girrawheen, Hamilton Hill, Denmark, Balga, Mirrabooka, Withers, Usher, Bentley, Wilson, St James, Camillo, Champion Lakes, Willagee, Maddington, Orange Grove, Martin, Dianella (South), Spearwood, Broome, East Bunbury, Glen Iris, Noranda, Balcatta, Hamersley, Pinjarra, Nollamara, Westminster
Tasmania
Devonport, Launceston, Bridgewater, Gagebrook, East Devonport, Ulverstone, West Ulverstone, Newnham, Mayfield, Wynyard, Invermay, George Town
Australian Capital Territory
Ainslie, Holt, Holder, Bonython, Giralang
Northern Territory
Coconut Grove, Gray, Mount Johns, Larapinta, Parap
These suburbs have been identified for their growth potential, affordability, or unique investment opportunities. Whether it’s high-end renovations, coastal hotspots, or emerging markets, 2025 is shaping up to be a year full of possibilities for property enthusiasts.
Stay ahead of the curve by keeping an eye on these locations, and as always, make sure to do your research and due diligence before making any property decisions!
Property Listings Spike in November as Market Momentum Slows
In November 2024, Australia’s residential property market experienced a notable increase in total listings, indicating a slowdown in market activity. According to SQM Research, total residential property listings rose by 7.6% to 272,645 properties, driven primarily by older listings remaining unsold.
Key Highlights:
Capital City Insights:
Asking Prices Trends:
Louis Christopher, Managing Director of SQM Research, noted the underwhelming spring selling season and anticipates a decline in new listings in December due to the holiday period, with activity expected to pick up in early February.
Australian House Prices Show Marginal Growth Amid Listing Surge
Following the surge in property listings reported by SQM Research, November 2024 also brought signs of slowing price growth across Australia, according to CoreLogic. The national Home Value Index (HVI) recorded a modest 0.1% increase—the smallest monthly rise since early 2023—indicating a cooling market despite high listing activity.
While listings have increased, buyer activity appears to be tapering off, with elevated property prices and affordability constraints continuing to weigh on the market.
Key Highlights:
Capital City Trends:
Market Dynamics:
The increased listings reported by SQM Research have provided buyers with more options, reducing competitive pressure and contributing to slower price growth. Stabilizing mortgage rates around 4.5% offer some relief, but broader economic uncertainties remain a factor in buyer hesitation.
Looking Ahead:
With the current growth cycle nearing its end, analysts suggest the market may enter a more subdued phase in the coming months. While potential interest rate cuts in 2025 could provide a stimulus, the full impact remains uncertain.
Australian Unemployment Rate Falls to 3.9% in November
In November 2024, Australia’s unemployment rate unexpectedly declined to 3.9%, down from 4.1% in October, marking the lowest level in eight months. This decrease was accompanied by a net employment increase of 35,600 positions, predominantly in full-time roles.
Key Highlights:
Market Implications:
The stronger-than-expected labor market data has led to a reassessment of monetary policy expectations:
Economic Context:
Despite elevated interest rates, the labour market’s resilience suggests underlying economic strength. However, economists advise caution, noting potential data anomalies and signs of weakness in other economic sectors.
Looking Ahead:
The RBA’s upcoming decisions will hinge on forthcoming employment, inflation, and retail sales data. While the current labour market performance is robust, the sustainability of this trend remains uncertain, influencing the timing of any potential rate adjustments.
Source: Australian Bureau of Statistics, November 2024.
Ready for 2025?
The market is evolving, and 2025 brings new opportunities. Stay informed, stay connected, and let’s make it a great year for your property journey.
Warm Regards,
Property Lovers
Important Reminder:
Our research tool helps you find off-market motivated sellers and calculates potential flipping profits. We have a handful of trial licences available now! No credit card required.