Rent Out Property

Australian property market in 2024: Is it a good time to buy in 2024, interest rates, rent, house prices

Three property experts have made their predictions for what Australians can expect from the property market in 2024.

It has been a challenging year for mortgage holders, renters and landlords as six rate rises increased pressure on budgets and pushed Australians to their financial limits.

Estimates that homeowners were heading towards an ominous “mortgage cliff” have so far proven untrue despite a gloomy outlook for the national economy and property prices don’t appear to be any closer to plummeting.

Ray White chief economist Nerida Conisbee, Suburbtrends.com.au founder Kent Lardner and PropTrack’s Economic Research executive manager Cameron Kusher have all weighed in on what they think Aussies can expect to see in the property market in 2024.

Will property prices surge?

Property data analyst Kent Lardner is the brains behind suburbtrends.com.au and has spent the best of two decades surveying property trends across the country.

He said predicting property prices in the last six months has been “very difficult” and it’s only going to get more unpredictable in the new year.

Looking at current trends, Mr Lardner said properties in some regions where prices fell a “little bit too much” during the pandemic have started to climb again this year, and

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Rent Out Property

Tips For Investing In Short-Term Rentals In Dubai

Cofounder at UpperKey. Passionate about property management, real estate investments, proptech and driving international business growth.

There are a number of reasons investors might consider real estate investments in Dubai. With individuals not being subject to taxes on their income from real estate, a steady stream of visitors (especially during the winter season) and the global short-term rental market expected to grow, Dubai could offer plenty of opportunities for high-yield returns in the short-term rental market.

Through my company’s operations in Dubai, I’ve seen that as a luxury location, there’s a range of markets to satisfy. If you don’t have the capital to tap into the high-end visitor market, there are plenty of alternatives to attract visitors who want a taste of the high life on a more sensible budget.

Dubai is also a popular place to do business. Whether you’re providing short-term business or conference venues, commercial opportunities or accommodations, its tax-free income legislation can make the city an attractive option.

Options For Breaking Into The Market

Here are 10 ways to break into the market for those considering expanding into short-term rentals in Dubai.

1. Look outside ‘prime’ locations. If you have the funds and the

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