UPDATE: New Property Predictions For 2024 To 2027 | Australian Housing Market

Next Three Years: New Property Market Predictions
New data from Oxford Economics suggests Australian House Prices will BOOM again.
Sydney's median house price to hit $2m & Perth to hit $1m by 2027!
But rather than believing this blindly, lets dig into the underlying data on:
👉 Exact housing shortage year by year till 2029
👉 Exact construction labour shortage next three years
👉 Exact new lending, a leading indicator for house price growth
👉 Exact distressed sales listing trends
👉 Exact property price points to buy in Perth right now!
Properly understood, this data may make you a lot of money, seriously. Consider it.
#propertyinvestor #immigration #passiveincome
Chapters:
00:00:00 - Predictions for House Prices in Perth and Sydney
00:01:37 - Price Forecasts: Sydney, Melbourne, Brisbane, Adelaide, Perth, Cambra, Hobart, Darwin, and combined capitals predictions
00:03:37 - The Housing Crisis and Shortfall of Tradespeople
00:05:24 - The Rise of House Prices
00:07:06 - The Growth of House Prices and Market Trends
00:09:05 - Timing the Market for Compounding Returns
00:10:46 - Distress Listings and Mortgage Repossession Trends
00:12:32 - Buying Under 500k Properties
00:14:17 - The Risk of Buying at the Top of the Market
00:16:00 - See you next time
LEARN MORE 👇
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DISCLAIMER: No Legal, Financial & Taxation Advice
The Listener, Reader or Viewer acknowledges and agrees that:
• Any information provided by us is provided as general information and for general information purposes only;
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#PropertyInvestment #PassiveIncome #Australia #RealEstate

[@AusPropertyMasteryWithPK]

❤ JOIN THE COMMUNITY & GET FREE SUBURB TIPS + STRATEGIES 💡 Private Facebook Group With Over 40,000 Clients & Investors 👉 facebook.com/groups/passiveincomethroughproperty 💡 Top Ranked No "BS" Podcast On Spotify/ iTunes/ Google 👉 consultingbypk.com.au/podcast/

[@masterdegreeSINGH]

Not much work in Australia now. The rent has gone up you can not survive here.

[@sunseeker7099]

Please post some data that illuminates whether or not Oxford Economics has a demonstrated history of accurately forecasting house price movements

[@glennsoulsby5351]

Great question! All too often there are quotes provided by this expert or that expert as if the information they provide has strong substance and credibility when, in reality, they have little clue and base their opinions in VERY broad assumptions. Perth price was going to hit $1 million in the early 2000’s……and then the GFC hit.

[@Renaldcavuoto]

Regional would be great

[@koningsp]

Regional! Keen to hear more about growth forecasts in the different states.

[@joshuarafiepour4817]

Thank you PK for sharing all this great data and information. Do Regional too please.

[@hunteraitchison2048]

Regional! Would love to hear your thoughts on Gladstone and whether fundamentals have changed to make it long-term play

[@bbug20069]

Regional, TSV in particular. Thanks

[@masterjaykay1]

Regional would be great thanks PK 👌🏻

[@anoopvarghese6600]

Regional.. QLD and VIC please

[@mariaacido1064]

Regional - NSW, Qld and Victoria

[@Forster45]

I think you will do QLD regionals.. Also VIC regionals please.Thanks

[@haywirekwek]

Regional please across all states

[@yohandaviddon]

Regional - Launceston Nobody talks about Tassie and you have big following here in Tassie and we'd love your forecast for Launceston.

[@sophiefreeman7456]

Thanks PK. Regional would be so appreciated!!

[@EastWood2004]

Wow.. very comprehensive and useful analysis.

[@anuptonyson2659]

Regional would be great. I'm planning on a couple of investment properties in Darwin area or Perth

[@edwardsmith8127]

I am a property investor with a substantial portfolio.My personal opinion is right now is a good time to sit on the sidelines if you have to get a loan over 50% LVR.The political environment is too risky, basically you can't trust governments which in turn means banking rules/charges, taxation changes & rental laws are trending in the wrong direction.There are always good deals to be done in property if you are patient.Have a plan B & C get out plan if things don't go as expected because the unexpected usually happens.Eg Covid restrictions, vacant property tax,rental restrictions,sharp interest rate rises,broke builders all happened in past 4 years.

[@Journey2BetterLife]

Very well presented as always 👌 Which suburb in Perth you reckon should be looked into for investment?

[@user-ck8ng9fx3c]

Regional deep dive please 🙏🏻

[@paulinezheng2224]

Is is worth investing warehouse unit

[@classicappetite]

Regionals with some region names mentioned please! ❤

[@odgers69]

Thanks for the upload. Always useful. Could you do another "affordability" test for perth medium house prices (i.e 30% of house income vs mortgage payments)

[@lindycleeland7123]

My waterfront property in Midway Point, Tasmania is silently on the market for 1/3 of the price of an very ordinary house in Sydney. Here you can buy a 1200 metre block with an established home with incredible views for less than $1 million. People miss out on great deals because they do not consider regional areas. Midway Point is 10 minutes from the airport. 1.5 hours from Melbourne.

[@kaushikchakraborti9945]

Regional will be a good insight

[@HH2110]

regional please !!!!!! NSW, tamworth, armidale, dubbo

[@kelvynhall6062]

Regional! Yes please, do a deep dive into the regional setting.

[@lbell9695]

Regional please. Especially regional NSW (Wollongong, Dubbo, Bowral, Orange) and VIC (Ballarat, Bendigo, Geelong etc). Regional QLD would be good too.

[@danielmclean4519]

NSW Regional - Armidale etc.. no one talks about it.. always capital cities

[@GavinCordell]

Regional would be great thanks PK

[@TawandaChivasa]

Regional would be good thanks PK

[@neilweber1749]

Regional vic has slowed considerably. Plenty of construction people out of work.

[@pauljarrett6546]

Really like you to do a deep dive on Ipswich and Toowoomba

[@evonnewawj]

I’m upgrading my sydney home and looking at 4 mil mark, not sure if it’s good time to do so though. Or I should be buying two IP in Perth

[@karansembi]

Regional NSW and SA

[@abhishekredij]

Regional data please. Thanks

[@michaelcole2814]

Regional Vic, and nsw, Wagga?

[@tommasociampitti6510]

Regional , Darwin please

[@gillmanpreet8699]

That is relaxing, I was worried with the news of recession. Can you please do a video on regional including Mt Gambier/Toowoomba or a separate video on Toowoomba as there are a fee comments about Toowoomba Thanks for all the information you have been providing on youtube

[@MrSuperZane95]

Regional. Toowoomba, please.

[@bluesky9393]

How about regional vic please

[@peterbrain2197]

Regional in QLD and WA pls

[@SimonLeung-su2pl]

Regional please, esp NSW regionals

[@piasmarietabungar8487]

Regional please. Thank you PK

[@claycameron8500]

PK, out of interest for an owner occupier type property in Brisbane for lifestyle vs growth prospects what areas do you like in the $750k-$800k range. 5km to CBD Townhouse vs house in the outer rings (worse lifestyle, schools etc)

[@pantsgaming759]

perth/ melbourne content please

[@meyroakabigrem1679]

Even just at these rates maintained we are likely to see a massive growth of default loans. Each month as fixed role to monthly you will see the pressure build. Those older then you have seen it al before. How we make money is buying 2-3 years into a downward cycle when for sales signs are everywhere …

[@efa1167]

Regional please. Thanks!

[@RhysFurner]

Regional QLD please...

[@meetviren]

For sure Regional Qld - Rockhampton

[@perthpropertymanager]

Thanks PK

[@brisbanegirl1031]

Regional Qld plz

[@rezwanakhanrede4898]

Regional, Goulburn pls

[@jasda5229]

Regional video would be great

[@joshuad692]

Regional vic would be great

[@marianitus57]

Regional like Townsville would be great

[@oliverraman]

Regional QLD pls 😊

[@stevemilenkovic5866]

Regional qld please Pk, far nth

[@natd5380]

Regional Melbourne Eynesbury please

[@prasadm1584]

Regional NSW

[@patricksaunders7372]

Regional please!

[@shaco7100]

Please please please........provide a session on regional areas that are great investment opportunities nationally. Im particularly interested in VIC please

[@FeelCrystals]

So from a Median of $800K to $1.2mil in 3 years...that's a 50% growth...is that 18% annualised and compounded??!!

[@Hahne968]

Regional (Geelong)

[@tomwg1279]

Regional please

[@stevesilver9155]

Regional wa would be interesting

[@jacksonsaunders734]

Regional please mate

[@zorororonoa2469]

reasonal please

[@aussiemompreneur]

Would you please explain more what you mean by the 6 inches between the 2 years?

[@AusPropertyMasteryWithPK]

Two ears ☺️

[@S_____T]

Regional Newcastle Wollongong

[@mp7911]

Regional pls

[@nq6417]

5:30 PK i understand supply & demand but isn’t the crazy price increases behind us because from now onwards, the supply is increasing over the next 2-3 years? I know it’s still under supplied, but supply is actually being added. As apposed to the 2020-2023 period where we had an under supply plus no new supply. The crazy craziness is behind us. Now we just have to deal with increase of supply, which will stabilise prices somewhat and minimise craziness

[@AusPropertyMasteryWithPK]

Hey good call.. supply is increasing but not fast enough to meet demand.. it’s not even increasing as much as pre covid times as mentioned in the video :)

[@leonie563]

​@@AusPropertyMasteryWithPKyeah APRA Stress Test now and in 2025 will sort out the greedy. The Purpose of Superannuation and Agedcare Review is due out in Fed Budget 2024. All of that will deal with "liar loans" (all of them). There's also Blackrock, Bain Capital, Brookfield, Blackstone etc landing here having dealt with housing markets is USA, UK means they are over here coming to take things. Then the HAFF with States will burst yields by taking out the demand. The rest of the heavy lifting will be the restrictions in the Immigration numbers. Insurance and Strata Fees will take profits off any Mum & Dad landlords remaining. Suspect ATO will cease paying business claims beyond just 1 investment property....start reading the AFR, The Australian, Core Logic and APRA. Taking Australia back from speculators and pensions.

Regional plz

[@DarranT]

regional please

[@user-kv1ul7mo1k]

Adelaide still affordable, and there is plenty of room for the growth ✨️

[@darrinaspery378]

Regional Cairns Queensland

[@jamieemery-bp7jg]

Regional (Kirwan) Qld

[@sunitaagrawal7675]

Regional, and Subarus in Sydney would be great.

[@robertluttrell4797]

Regional please.

[@paulwright3562]

Regional - VIC QLD WA

[@tonyjorgensen7207]

Regional for sure

[@kevalpatel6669]

Regional please include darwin i am huge fan of yours but you never provide much data of darwin

[@mattyttv]

So for the immigration of 400K people p/a; how about they limit these people to be only builders, plumbers and electricians.

[@lukem2260]

The plan ,,new world order

[@moreofit5876]

400k? they've done 260k already this year. 1m last year.

[@deepakm873]

Reginal videos mate ... Great video

[@audiocorgan]

Regional!!!!

[@d.l.6186]

Yes regional PK, please

[@Journey2BetterLife]

Regional

[@bettyannesiganto7001]

Townsville

[@Therearealwayshiddenagendas]

Regional Vic

[@pradeepprakasan4537]

Regional!

[@jamesm6341]

Grafton please

[@itsmatea5470]

regional!! cairns please xx

[@fredsalfa]

Wow 30% increase in projections in 3 years for Perth. I’m putting all my money there

[@julzalexander]

Regional 🙏

[@BenHudspith]

Regional Central Coast

[@josephcaranna504]

Regional 😊

[@Tlee6676]

Can you please explain why there are so many rich people around to afford those high prices

[@chookie131]

Booomers own their 1.5-2.5 mil houses outright

[@leonie563]

It's called:- "SMSF Mate" and "Equity Mate". To Banks it's called LRBs and Securitization.... To losers it's called lost super & primary residence. But it is fun to watch them running around like it's the 1750s Jane Austenland....

[@hereg3043]

Increase in min. wages also flow up.

[@bazpopham8496]

Inflation The dollar is worth less every year, Prices rise

[@vivianoosthuizen8990]

No way the government is going to clamp down on land banking and land is going to be forced onto market by legislation that will force land bankers that have land for longer than 2 years to sell. This is going to make building a house for first home buyers much cheaper and the Market will drop prices for existing properties as well because building will be very cheap. Renters will move into their new homes and investors will have to sell because there won’t be renters available.

[@Peter-zv4dx]

Hahahahah nice joke

[@user-macquine]

That is exactly what needs to happen. The situation at the moment is sickening. An absolute disgrace!

[@tylerheenan9393]

Demand should factor in what people can actually afford. Just because prices have gone up from when houses were 3x an annual salary, doesn't mean it can continue at that same pace. If we're immigrating people who can afford to pay 2M for a house then they'll pay it. The bulk of houses are bought with leverage, ergo, prices will be dictated by wages and interest rates. I think investors are starting to struggle making money as well, which might lower demand. I know in Melbourne at the moment there's a mild exodus of investors. We saw max prices during COVID. Savings, bottomed out rates and fever like demand. I don't see where the room for growth is but I'm an idiot so.

[@timf1303]

What suburbs would you recommend in Perth right now?

[@truth4293]

Kwinana, Armadale, Parmelia, Orelia, South Perth, Applecross. I would say these suburbs will boom in Perth

[@fardadhassanshahi]

Brisban and Sydney regional