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Realestate.com.au’s Hot 100 Suburbs of 2024

Realestate.com.au's Hot 100 Suburbs of 2024

Discover the hottest real estate prospects in Australia for 2024!

Whether you’re a buyer, investor, upgrader, or downsizer, this definitive guide has got you covered.

With access to the most comprehensive property data and expert insights, the Hot 100 is the list of the suburbs with the best prospects for 2024 and beyond.

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No relief in sight: Australia faces worst housing affordability in 30 years

No relief in sight: Australia faces worst housing affordability in 30 years

Housing affordability is now at its worst level in at least three decades, according to the PropTrack Housing Affordability Index – a new comprehensive measure of the share of homes that households can afford to purchase across the whole income distribution.

Affordability is toughest in New South Wales, Tasmania and Victoria. This deterioration in affordability has been driven by a dramatic rise in
mortgage rates, combined with rising home prices over recent years.

At the same time, sharply higher price growth throughout the pandemic has meant housing accessibility — how long it takes new buyers to save a deposit — remains incredibly challenging.

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The secrets of spotting an up-and-coming suburb

The secrets of spotting an up-and-coming suburb

Are you looking for a suburb that’s on the rise? With the guidance of experts in the Australian property market, you’ll be well on your way to spotting the next suburb on the rise!

By understanding what makes a suburb an up-and-coming hot spot, you’ll be better equipped to make smart buying and investment decisions.

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Homes are taking longer to sell – here’s why

Homes are taking longer to sell - here's why

Selling conditions have cooled down, and that means that homes are taking longer to sell than they used to. So how long should you expect it to take in the current market?

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The state of the property market right now

The state of the property market right now

With a lot of uncertainty in the property market right now, it might be difficult to separate fact and fiction. Melbourne-based real estate agent Andrew McCann from Jellis Craig gives you the rundown on what’s really happening and what you need to know.

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Your jaw will drop when you see this luxurious waterfront home

Your jaw will drop when you see this luxurious waterfront home

Boasting one of the largest waterfront landholdings in Drummoyne, this magnificent home is a boat owners paradise.

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The end of fixed rates: Homeowners nearing the mortgage cliff

The end of fixed rates: Homeowners nearing the mortgage cliff

With interest rates continuing to rise and many people rolling off their fixed rate mortgages, we’re quickly nearing a “mortgage cliff”, with many homeowners with fixed-rate loans reverting to sharply higher variable rates.

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This unassuming Sydney suburb is set to boom

This unassuming Sydney suburb is set to boom

Buyers’ agent Michelle May believes a host of suburbs are poised to become future hotspots, but one particular, Arncliffe in Sydney’s inner-south, stands out from the rest.

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The numbers behind the hottest suburbs in Australia | Hot 100 Suburbs

The numbers behind the hottest suburbs in Australia | Hot 100 Suburbs

Realestate.com.au’s Hot 100 list has people talking, and for good reason. This groundbreaking list is the first of its kind, showcasing the top 100 suburbs in Australia with the most potential in 2023.

From bustling cities to quaint coastal towns, this list has it all, and the numbers don’t lie. These suburbs have been carefully selected based on a range of factors, including search activity, price growth, and days on market, providing a comprehensive snapshot of the most in-demand and exciting areas to buy and sell property in 2023.

The Hot 100 is a game-changer for the real estate industry, providing buyers, sellers and investors with invaluable insights into the market and what the future holds. It’s a must-watch for anyone who is serious about real estate, and who wants to stay ahead of the curve in this rapidly evolving industry.

Whether you’re looking for your dream home, or you’re an investor on the hunt for the next big thing, Realestate.com.au’s Hot 100 is the ultimate guide to the suburbs that are redefining real estate in Australia.

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The big issues facing the property market in 2023

The big issues facing the property market in 2023

Following strong housing market conditions during 2020 and 2021, 2022 has been a tumultuous year for the housing market. Interest rates have risen rapidly, resulting in price falls and a reduction in sales volumes.

While prices for properties for sale have fallen, rental prices have grown on the back of escalating demand from overseas migration and fewer first-home buyers. The insufficient supply of rental stock has afforded landlords the scope to lift rents.

With market conditions changing so rapidly, what are the most pressing issues for the housing market in 2023?

0.00 State of the current market
0.15 Areas that are likely to see price falls
0.44 Areas that might show more strength
1.03 Global factors influencing the market
1.21 Buying in 2023
1.47 Selling in 2023

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