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Property survey

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Data centres, such as this one in Sydney that Goodman will build, will be hot property in 2025.

Revealed: The three hot property picks for 2025

The race for returns from alternative assets in commercial property has become a stampede as traditional areas battle the impact of high interest rates.  

  • Updated
  • Nick Lenaghan
Picking up: office market deals in Sydney last year were worth more than in the previous four years combined.

Is 2025 the inflection point for the office market?

The nation’s office market has been battered by surging interest rates and the rise of flexible work. Building values have fallen. But that could change this year.

  • Nick Lenaghan
House prices are tipped to rise later in the year.

House prices tipped to rise 3pc in 2025

This year is expected to be a tale of two halves, after interest rate relief revives buyers’ appetites. But if there are no rate cuts, all bets are off.

  • Nick Lenaghan

October 2024

The rate of price growth is already slowing, even in the strongest markets.

‘Be careful what you wish for’ in property tax reform

Any benefit from falling house prices by curbing investor concessions may be short-lived. And there would be a price to pay, say property experts.

  • Nick Lenaghan
There’s nothing stopping staff from asking their bosses for compressed hours.

Office mandates on the rise as jobs market softens: experts

The trend back to the office has further to run in the short term as power swings back toward employers. But there may be limits to that shift.

  • Nick Lenaghan
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The rate of price growth is already slowing, even in the strongest markets.

House price growth to slow to 5pc nationally: experts

The pace of house price growth is slowing as affordability constraints and high borrowing costs take the edge off strong underlying demand.

  • Nick Lenaghan

July 2024

Property survey

Remote work crushes next wave of office towers: experts

The next wave of CBD skyscrapers may not emerge for another decade as Sydney and Melbourne office markets recover from the rise of remote work and record high vacancy rates.

  • Nick Lenaghan
High interest rates and construction costs are choking off the supply of new housing.

High costs choke supply of new homes: property experts

The cost of construction in capital cities has risen at a faster clip than house price growth, making it less economical to build new dwellings.

  • Nick Lenaghan
House price rises are likely to be slowed by unaffordability and high borrowing costs.

House price growth to ease under 5pc as affordability bites

Some of the heat is finally coming out of the market’s remarkable rebound as the burden of servicing mortgages weighs more heavily on prospective buyers.

  • Nick Lenaghan

April 2024

Office towers in Sydney’s CBD.

Another 10pc fall tipped for office tower values before bottoming

CBD office tower values have been battered by the shift to remote and flexible work, uncertain business conditions and high rates.

  • Nick Lenaghan
The prospect of the Fed shifting to lower rates will help potential home owners and the housing market.

High costs to delay housing supply until end of decade: AFR survey

It’s a case of simple economics choking off the desperately needed supply of new housing as building costs rise faster than house price growth.

  • Nick Lenaghan

Property price rebound is ‘remarkably resilient’

Across the nation, the housing rebound is proving resilient despite higher borrowing costs, and a panel of 10 experts tips median gains of 5 per cent nationally.

  • Nick Lenaghan

January 2024

Employers poised to push staff harder for more days in the office

However, even an increase in attendance is unlikely to offset the overall fall in demand for office space as hybrid work stays in play, experts say.

  • Nick Lenaghan
Australia is unlikely to meet its target of 1.2m new homes over the next five years.

Foreign tradies wanted to fix housing shortfall

Property experts warn Australia lags the 1.2 million new homes target, agreed by governments to address the shortage of accommodation which has sent rents skyrocketing.  

  • Nick Lenaghan
The pace of house price growth is cooling.

House price growth to slow to 4pc as rates bite

The heat is coming out of last year’s surprise housing recovery, with the pace of price growth tipped to halve, held back by affordability constraints.

  • Nick Lenaghan
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November 2023

The end of the home-building boom is nigh: survey

Analysts expect residential construction to fall next year, which is a worry because a housing supply squeeze can lead to higher rents and ultimately inflation.  

  • Nick Lenaghan

Office tower values could tumble 20pc further: survey

Higher interest rates and bond yields – a key determinant of value for commercial property – as well as weak demand will weigh the heaviest on lower grade office space.

  • Campbell Kwan and Nick Lenaghan

Original URL: https://www.afr.com/topic/Property-survey-6gb1