The Michael Yardney Podcast | Property Investment, Success & Money - Navigating the Property Market: 2024 Insights and 2025 Forecasts from Domain with Dr. Nicola Powell

Navigating the Property Market: 2024 Insights and 2025 Forecasts from Domain with Dr. Nicola Powell

01/01/25 • 42 min

The Michael Yardney Podcast | Property Investment, Success & Money

We have just wrapped up another fascinating year in property, so it’s the perfect time to reflect on the trends, surprises, and key events that shaped the housing markets in 2024, and more importantly, look ahead to what 2025 might bring.

Joining me today is Dr. Nicola Powell, Chief of Research and Economics at Domain.

Together, we’ll unpack the major shifts we’ve seen this year, explore what they mean for investors and homeowners, and discuss the outlook for the year ahead in Domain’s End Of Year Wrap Up report.

At the end of our show today you should have some more clarity on what lies ahead for our housing markets, so let’s get started and see what lies in store for property in 2025.

Takeaways

2024 was a year of economic turmoil, but the housing market showed resilience.
Interest rates remaining high have created uncertainty for buyers and sellers.
The rental market is experiencing a shift with increased stock and lower vacancy rates.
Melbourne's property market has underperformed due to various factors that we discuss
Political policies will play a significant role in shaping the housing market in 2025.
Sustainability is becoming increasingly important for buyers in the property market.
The demand for green homes is rising, leading to quicker sales and higher prices.
2025 is expected to be a year of two halves, with potential growth in the second half.
Regional markets are seeing interest from buyers seeking affordability.
Understanding market dynamics is crucial for successful property investment.

Chapters

03:57 Surprises and Predictions for 2024

06:49 Melbourne's Market Dynamics

09:47 Shifts in Buyer Preferences

12:52 Regional vs. Capital City Markets

15:50 Forecasts for 2025

18:42 Government Policies and Their Impact

21:55 Sustainability Trends in Housing

24:40 Economic Concerns and Market Resilience

27:55 Final Thoughts and Predictions

Links and Resources:

Michael Yardney

Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us

Dr. Nicola Powell, Chief of Research and Economics at Domain.

Domain End-of-year Wrap 2024

Get a bundle of free reports and eBooks – www.PodcastBonus.com.au

Also, please subscribe to my new podcast Demographics Decoded with Simon Kuestenmacher – just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.

Shownotes plus more here: Navigating the Property Market: 2024 Insights and 2025 Forecasts from Domain with Dr. Nicola Powell

Joining me today is Dr. Nicola Powell, Chief of Research and Economics at Domain.

At the end of our show today you should have some more clarity on what lies ahead for our housing markets, so let’s get started and see what lies in store for property in 2025.

Takeaways

2024 was a year of economic turmoil, but the housing market showed resilience.
Interest rates remaining high have created uncertainty for buyers and sellers.
The rental market is experiencing a shift with increased stock and lower vacancy rates.
Melbourne's property market has underperformed due to various factors that we discuss
Political policies will play a significant role in shaping the housing market in 2025.
Sustainability is becoming increasingly important for buyers in the property market.
The demand for green homes is rising, leading to quicker sales and higher prices.
2025 is expected to be a year of two halves, with potential growth in the second half.
Regional markets are seeing interest from buyers seeking affordability.
Understanding market dynamics is crucial for successful property investment.

Chapters

03:57 Surprises and Predictions for 2024

06:49 Melbourne's Market Dynamics

09:47 Shifts in Buyer Preferences

12:52 Regional vs. Capital City Markets

15:50 Forecasts for 2025

18:42 Government Policies and Their Impact

21:55 Sustainability Trends in Housing

24:40 Economic Concerns and Market Resilience

27:55 Final Thoughts and Predictions

Links and Resources:

Michael Yardney

Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us

Dr. Nicola Powell, Chief of Research and Economics at Domain.

Domain End-of-year Wrap 2024

Get a bundle of free reports and eBooks – www.PodcastBonus.com.au

Shownotes plus more here: Navigating the Property Market: 2024 Insights and 2025 Forecasts from Domain with Dr. Nicola Powell

Previous Episode

2024 in Review: Lessons from the Housing Market and Predictions for 2025 with Stuart Wemyss

In this special year-end episode of the Michael Yardney Podcast, I chat with Stuart Wemyss about the key lessons we've both learned from the property markets in 2024 and what we can expect in 2025.

Let’s face it, 2024 threw plenty at us—rate movements, geopolitical turmoil, falling consumer confidence, uncertainty about rate movements, shifting buyer behaviour, and a housing market that continued to keep investors on their toes.

So we explore the impact of interest rates, regional market performance, and the mindset needed for successful property investment in 2025.

Takeaways

The fundamentals for property in 2025 are sound but it's likley to be a year of 2 halves.
Government policies and economic conditions will shape the property landscape in 2025.
Successful investors focus on long-term strategies rather than short-term noise.
Understanding the multifaceted nature of property is crucial for making informed decisions.
The importance of asset selection cannot be overstated in a fluctuating market like we're experiencing.
Interest rates are expected to stabilise or decrease, impacting investor confidence in the second half of the year.
Perth and Adelaide have shown strong performance due to affordability - but will likley slow down in 2025.
Investor behaviour can significantly influence market trends and property values.
Luck plays a role in property investing, but preparation and knowledge are essential.
Making good long-term decisions is essential for sustained success in property investment.

Chapters

00:00 Reflecting on 2024: Lessons Learned

04:29 Market Dynamics: Interest Rates and Borrowing Capacity

07:15 Regional Markets: The Rise of Adelaide, Perth, and Brisbane

10:39 Melbourne's Underperformance: Economic Factors at Play

13:16 Investor Sentiment: The Media's Role and Market Perception

16:38 Navigating Supply and Demand: Quality vs. Quantity

19:25 Creating Your Own Luck: The Importance of Preparedness

22:29 Looking Ahead: Predictions for 2025

25:23 The Role of Financial Services in Property Investment

28:27 Risks and Pitfalls: Caution for Investors

31:36 Long-Term Focus: Making Informed Decisions for the Future

36:44 Navigating Uncertainty in Property Investment

38:46 Winners vs. Losers: The Mindset Divide

40:09 The Power of Choice: Taking Responsibility

40:45 Understanding Market Trends

Links and Resources:

Michael Yardney

Stuart Wemyss – Prosolution Private Clients

Stuart’s Book – Rules of the Lending Game & Investopoly

Get the team at Metropole to help build your personal Strategic Property Plan Click here and have a chat with us

Get a bundle of free reports and eBooks – www.PodcastBonus.com.au

Shownotes plus more here: 2024 in Review: Lessons from the Housing Market and Predictions for 2025 with Stuart Wemyss

Next Episode

Richer, Wiser, Happier – How the world’s greatest investors win in markets and life – with William Green

Have you ever wondered what makes the greatest investors in the world not just wealthy, but truly fulfilled and happy?

Well, today, we’re going to explore that question with someone who’s had the unique opportunity to sit down with the legends of the investing world – best selling author, William Green, the author of Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life,

William has spent decades interviewing and learning directly from icons like Warren Buffett, Charlie Munger, and Sir John Templeton.

But what’s fascinating about William’s work is that it’s not just about investing. It’s about uncovering the principles and mindsets that can lead to a richer life—financially, yes, but also emotionally and intellectually.

Our chat emphasised that true wealth isn't just about financial success; it also involves achieving a balanced and fulfilling life.

Takeaways