Property market update

Verse CEO Corey Wastle sat down with David McMillan, Managing Director of Performance Property and one of Australia's leading property experts to discuss the current state & trajectory of Australian property.

In this video, they discuss:

• What’s happened with property prices and affordability so far in 2024?
  
• Why the supply of new housing is at ‘crisis levels’, and the far-reaching implications of this.
  
• Why rents continue to rise at 10% plus annually.
  
• Why apartments and units are well placed, relative to houses over the next couple of years.
  
• How potential interest rate reductions may impact the property market.

Got questions?If you'd like to talk with your financial adviser about the property market, and any potential impact on your strategy, get in touch and we'll make time to chat.