Real Estate in 2024: Where to Invest and What to Expect - Property Inc

Real Estate in 2024: Where to Invest and What to Expect

In a comprehensive analysis of the real estate market heading into 2024, experts from the banking and property sectors are shedding light on emerging trends and opportunities. Nick Lenaghan’s article, “What the top property bankers really think about 2024”, and Lisa Calautti’s “Buy the dip? The suburbs set to rebound in 2024” provide insights into the evolving landscape of real estate investment and residential property markets.

According to Nick Lenaghan, industrial and alternative sectors like data centres, self-storage, and various residential sub-sectors are gaining traction among investors. These areas show promising growth potential, driven by factors such as AI growth, population trends, and housing affordability. Mitchell Schauer from Jarden underscores this trend, noting the diversification in Australia’s real estate industry and the growing importance of technology and digital economy assets.

On the funding side, experts like Moelis Australia’s Ben Boyd emphasize the significant role of super funds and private capital in real estate. “There is a significant amount of capital waiting to be deployed by super funds and private capital,” Boyd states, highlighting the potential for these funds to drive market activity in 2024.

The resilience of property prices, despite high interest rates, has been a notable feature of the market, as reported by Lisa Calautti. PropTrack’s Angus Moore was surprised by the market’s strength in 2023, expecting a downturn that never materialized. Looking ahead, Moore predicts continued growth, albeit at a slower pace, influenced by high interest rates and affordability challenges.

Calautti’s analysis also delves into specific regions and suburbs. Despite a general upward trend, areas like Hobart and regional Victoria saw softer performance, while Adelaide and Perth experienced significant growth. The article highlights specific localities like North Beach in Perth and Albion in Victoria, which offer interesting opportunities for buyers in 2024.

In conclusion, as we head into 2024, the real estate market is characterized by a focus on growth sectors like data centres and residential sub-sectors, significant capital waiting to be deployed by super funds and private capital, and a resilient residential property market with regional variances. Both Lenaghan and Calautti’s articles provide valuable insights for investors and homebuyers navigating this landscape.


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