Property Trends

According to the most recent PropTrack Market Insight Report, an intriguing trend has emerged within the Queensland property market: a notable 53.3% of all residential properties are now cheaper to purchase than rent. This figure stands in marked contrast to the national average of only 36%. In February this year, the national figure was just 9.1%. The differences among these figures prompt a couple of important questions: What factors underlie this trend and what ramifications might it create for markets moving forward?

With the homeownership dream increasingly out of reach for many Australians, the Queensland government has announced a ‘cost of living boost for first home buyers’—with the first home buyers’ grant being doubled from $15,000 to $30,000. The increase came into effect on the 20th of November and will remain until mid-2025, available for those buying or building a new home worth less than $750,000.

When was the last time you paid for something with cash?   Chances are, it may have been a while!   The share of all transactions conducted in cash has been in a steady decline for decades. This trend is only set to continue, with younger generations being far less likely to rely upon cash for the bulk of their purchases.

In our previous article, we conducted a bit of a deep dive into what CBDCs are, why governments are so interested in them, and where the RBA is in its ‘eAUD’ research. In this article, we’re looking more closely at CBDCs from a real estate perspective. What do property investors need to know about the potential functionality and uses of CBDCs? Here are just a few emerging trends to consider.