Residential property markets continued to strengthen in the three months to the end of December, led by homes in more affordable smaller capitals and regional areas. Residential rental markets were also strong, characterised by tight vacancy rates and rising rents. Supply continues to exceed demand in the office sector with vacancy rates remaining very high and as in previous quarters, industrial and logistics properties benefited from population growth and ongoing e-commerce demand.

In this report we discuss market trends across the residential, office, industrial and logistic property sectors, including deep dives into the following topics:

• Regions remain relatively affordable
• Strong demands and tight vacancy rates for industrial and logistics property
• Hybrid work remains a hot topic
• Australians avoid wide-spread mortgage stress

Read the full report here: The Quarterly Report – December 2023