Australian Regions Predicted to Have a Decrease in Listings This Spring

In our latest Suburb Trends Report for September 2023, let's explore the upcoming property landscape as we unveil the regions in Australia that are set to experience a significant decrease in listings this spring.

As property enthusiasts, investors, and everyday individuals interested in the housing market, it's essential to stay informed about the trends that influence our investment decisions. Today, we're here to provide you with a clear, data-driven analysis of what to expect in terms of property listings across the country. We're turning our attention to the numbers and patterns that paint the listings landscape with Kent Lardner, our resident data geek from Suburb Trends.

While there has been an overall rise in listings, it's important to note that this trend isn't universal. Our aim is to uncover the regions within Australia where listings are projected to decrease during the upcoming spring season, and to offer insights into the reasons behind this projection. By examining various factors including demographics, market demand, and economic indicators, Kent has identified the markets that are likely to experience a decrease in listings.

Join us as we navigate through the nuanced landscape of real estate listings, providing you with valuable information to guide your investment choices throughout the spring season and beyond.

Episode Highlights:

00:00 - Introduction

01:06 - How Kent tackled the challenge of identifying the tightest markets across Australia

03:25 - Contradicting media reports and actual data about real estate listings and market trends

09:12 - Property listings in Tullamarine and Broadmeadow

12:16 - Factors that contribute to the falling of listings

16:21 - How long will the underbuilding continue and what is the solution?

18:12 - The biggest constraint in the domain of property development

21:41 - Will dropping prices ever help renters become homeowners?

23:17 - A potential short-term solution to the housing shortage

26:55 - Analysing forecasted price drops and property listings in various Australian suburbs

36:42 - The influence of buyer's agents, investors, and market dynamics on property prices

40:24 - The real takeaway in this Suburb Trends report

45:49 - Kent talks briefly about how he uses AI for real estate the proper way

About Kent Lardner:

Kent Lardner is an expert data science and business leader with 30+ years of experience at leading companies like JLL, CoreLogic, and General Electric. He has led teams of 5 to 200 people across Australia and China, driven by his passion for high-growth digital businesses. Kent is also the founder of Suburbtrends, a leading property research firm trusted by major names in Australian property and featured in mainstream media.

Connect with Kent Lardner:

• Kent Lardner’s LinkedIn: https://au.linkedin.com/in/kentlardner
• Kent Lardner’s Website: Suburbtrends https://suburbtrends.com/

Resources:

• Visit our website https://www.theelephantintheroom.com.au
• If you have any questions or would like to be featured on our show, contact us at: The Elephant in the Room Property Podcast questions@theelephantintheroom.com.au
• Looking for a Sydney Buyers Agent? https://www.gooddeeds.com.au
• Work with Veronica: https://www.veronicamorgan.com.au
• Looking for a Mortgage Broker? https://www.blusk.au
• Work with Chris: hello@blusk.au

Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now!

• Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcast
• Subscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719
• Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765

See omnystudio.com/listener for privacy information.