Australian Economic and Real Estate Trends Q4 2024

The expected easing of current tight monetary policy conditions and a continued disinflation trend will support Australia’s GDP growth in 2025. As such, current economic conditions are perceived to be at the bottom of the cycle, with a soft but sustained rebound in growth anticipated from here on.

Core CRE sectors recorded uplift in rents during 2024, while investment volumes were also up on 2023 levels. The sector’s strong finish to 2024 reflects returning investor confidence, which we expect to provide momentum moving forward.