Trends and predictions for the Greater Brisbane property sector in 2024
The Sunshine Coast’s population is forecast to grow by circa 200,000 persons between 2021 and 2046. The rate of growth, whilst forecast to slow over the long-term, remains strong when compared with forecast growth for Queensland. This strong population growth will drive demand for new housing in an already undersupplied market.
HMW Group announces the launch of HMW Real Estate Advisory, giving clients access to specialist property valuation and research analysts to optimise the performance of their property portfolios
Investment demand is expected to increase from early next year following an expected stabilisation in interest rates and higher certainty regarding the cost of debt.
The latest SDA Price Review released in June this year increased the SDA vacancy assumption from 3% to 10% (initial pricing model) to 7.75% to 13%.
The self-storage industry has benefited over recent years from strong consumer and business demand.