The Australian property market continues its upward trajectory with property values increasing by nearly 8% in the past financial year. CoreLogic reports a rise of approximately $58,000, bringing the median value to $794,000. Quarterly growth remains strong at 1.8%, matching previous quarters.

PropTrack indicates national home prices hit a new peak in June, achieving 18 consecutive months of growth. Using a different methodology, PropTrack reports a 0.15% monthly increase, with capital city markets showing a stronger performance compared to regional areas. The unit market also shows resilience with notable growth in both capital city and regional areas.

Eleanor Creagh, senior economist at PropTrack, attributes the growth to strong population increases, tight rental markets, and home equity gains. Tim Lawless, CoreLogic’s research director, highlights that despite high interest rates and other economic pressures, the housing market remains resilient due to tight supply levels.

Are you looking to buy? Reach out to see how we can assist you find your investment in today's market:

1. Comprehensive Market Research:

• At DMC Property Advisory, we conduct thorough market research to identify emerging trends and investment hotspots. Our detailed analysis helps clients make informed decisions based on the latest data.

2. Expert Negotiations:

• Our experienced team excels in negotiations, ensuring clients secure the best deals possible. We advocate fiercely on behalf of our clients, aiming to achieve favourable terms and conditions.

3. Due Diligence and Risk Assessment:

• We meticulously assess all potential risks associated with a property purchase. Our comprehensive due diligence process ensures clients are fully aware of any issues before committing to a purchase.

4. Personalised Service:

• Each client receives tailored advice and strategies suited to their unique needs and financial goals. We consider personal circumstances, investment objectives, and market conditions to provide customised solutions.

5. Streamlined Process:

• From initial consultation to finalising the purchase, we handle all aspects of the buying process. Our seamless approach ensures a stress-free experience for our clients, managing paperwork, legalities, and logistics efficiently.

6. Post-Purchase Support:

• Our service doesn't end at settlement. We offer ongoing support and advice to help clients maximise their property's potential and navigate any post-purchase challenges.

By leveraging these strategies, DMC Property Advisory ensures clients achieve successful and profitable property acquisitions.

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