What is separating the best and worst city housing markets?
From Perth's 15.2 per cent property market capital growth in 2023 to Hobart's 0.8 per cent price fall, what is it that is separating the best real estate markets from the worst in 2024?
"What we are seeing now is the return of the well located, well serviced suburban family home to its rightful place as driver of the Australian real estate market." (Image source: Shutterstock.com)
One of the first things we do each year is take a look at the end of year property data and what it might mean for the year ahead.
The good news is that property values returned a solid year, increasing by 8.1 per cent nationally according to analysts, CoreLogic.
Like all years, it’s the gaps in performance which tells us a lot about the dynamics driving the market.
So, let’s take a look at how last year panned out.
As you can see, perennial …
