Australian Housing Market Predictions for 2024

Sam Gordon is joined back in the studio by his co-host Jimmy Ibrahim, along with our APS Property Economist, The Big Lukey Teeuwsen. Together, they discuss and forecast their predictions for the Australian property market in 2024. Reflecting on each state’s performance over the past 12 months, along with how the pre- and post-covid performance stacked up. Sam, Luke and Jimmy share their insights on the year ahead, highlighting key factors such as stock supply, interest rates and tax cuts that will shape the market. To round it out, the boys talk about the opportunities which will and already have presented themselves and how to take full advantage of the shifting market sentiment. Tune in for expert advice on positioning yourself advantageously to act now and avoid waiting on the sidelines. Join us on Saturday, April 13th in the Gold Coast for our inaugural LIVE Australian Property Scout End of Quarter Summit. Immerse yourself in a day full of current market updates, live Q&A sessions with the Australian Property Scout team, and the infamous End of Quarter roundtable session. There will be 5 exclusive Mentorship positions available with Sam Gordon up for grabs. Come along with friends, family, your partner or by yourself! Tickets are officially available now, click here to save your spot! Don’t forget there’s a special discount for Sammy Gordon’s School of Property for our Scouting Australia Podcast listeners, use the code SAP for the 10%  discount. The perfect way to start your year strong and set 2024 to be your best year in property investing yet! To find out more and make the most of our special foundational discount, head to www.schoolofproperty.com.au. If you loved this episode please send it on to someone who would take some value, and please give us a 5 star review if you haven't yet and are loving the poddy! If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at [email protected] us your questions to: Instagram: @australianpropertyscoutWant to book a call with us: Website: https://australianpropertyscout.com.au Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369 Chapters: (00:00) Welcome (02:19) Market outlook (03:32) Last 12 months’ performance (07:56) Precovid vs postcovid performance (11:57) Jimmy’s points and predictions (14:49) Lukey’s predictions (19:06) Interest rate cuts (24:25) Market run = inflation? (26:35) Tax cuts (31:16) Where will $$ be spent? (33:21) Sam’s predictions (39:44) Perfect storm (44:35) Perfectly positioned cash flow deal (47:25) Build through strategy (50:11) What not to do ❌ (55:06) Educated investors (59:54) Key takeaways