Housing Market 2024 Australia Predictions

Housing Market 2024 Australia Predictions. Concerns about affordability for both home buyers and renters will be big policy issues for 2024. Cba is predicting 5 per cent growth across australia in 2024, with sydney’s house prices to rise by 4 per cent, and melbourne’s by 5 per cent.

The reuters survey of 14 real estate analysts taken between may 10 and 28 expected home prices to rise 5.3% this year, a consensus view largely unchanged. The property market outlook for 2024 is uncertain.