- News
- The most popular suburbs for home buyers in 2024
The most popular suburbs for home buyers in 2024
Thu Feb 6 3:30:12 UTC 2025
Australians spent the most money ever buying property last year despite higher-for-longer interest rates and high house prices.
The figures sound another alarm bell on the housing affordability challenge, warn experts who say it is unlikely to be solved by an imminent interest rate cut.
A total of $714.7 billion was spent on property purchases in 2024 – the highest on record, according to figures from property settlement platform PEXA published on Thursday.
You may also be interested in...
- What it costs to live in Melbourne’s top suburbs for wellbeing (under News)
- Peter Greenough (under Testimonials)
- Lisa Waters (under Testimonials)
Nathan was great to work with in order to purchase our first home during Melbourne lockdowns!
- COVID-inspired trends that will shape the way we build our homes in the future (under News)
- Open home checklist — what potential buyers should look for when inspecting a property (under News)
So what should you be looking for during an open home to make the most of that time?
- News
- Rate cut path reassured as inflation ticks further down
- How to know it’s the right time to sell your home for a good price
- The property selling method that’s getting more and more popular
- The most popular suburbs for home buyers in 2024
- ’Year of the first homebuyer’: 5 ways to get into the market
- Buy a house now or wait until 2025?
- Hope for bigger savings for buyers after scrapping of controversial property tax
- ‘Asking for too much’: More property owners are failing to sell
- Spring surge: Why home sellers keep choosing the end of the year to sell
- Australia’s most competitive suburbs that homebuyers are racing to buy in
- Savings slog: How long it takes a first-home buyer to save a deposit
- What’s behind the property market’s unexpected winter boom?
- Will the stage three tax reforms affect property prices?
- Is your property properly insured?
- Key factors to consider when choosing a family home
- What it costs to live in Melbourne’s top suburbs for wellbeing
- Aussies prefer living outside the city if they can work from home - survey reveals
- Open house etiquette for buyers
- Melbourne homebuyers could be in control of the action market
- Six things to do today to boost your borrowing power by $130k
- What is Equity and how can I build it?
- 5 questions your mortgage broker should ask you
- Why rising seller confidence is good news for buyers
- 3 Practical tips from a young first-home buyer
- 14 ways to slash your energy costs while staying home
- Five common yet confusing property finance terms explained
- COVID-inspired trends that will shape the way we build our homes in the future
- Open home checklist — what potential buyers should look for when inspecting a property
- Awards, ratings and discounts: How to navigate marketing tactics when buying insurance
- How home owners, buyers and investors can interpret lagging and leading indicators
- What is lenders mortgage insurance?
- What mortgage brokers do and how borrowers can benefit from using one
- Are fixed-rate home loan deals below 2 per cent too good to be true?
- Capital Gains: securing the finance your business needs
- November interest rate announcement: Reserve Bank cuts cash rate to bolster economy
- Federal Budget 2020: New home builds in focus with government boost for first-home buyers
- Get Out Of Town: Are rural areas the new Australian property hotspots?
- Around the Grounds: How COVID-19 has impacted on Australia’s property market
- Back in Action: How long-term low interest rates could benefit your business
- Getting a Foot in the Door: What you need to know about the new HomeBuilder grant
- Work from home tax deductions you can claim this year
- How to resume home loan repayments if you’ve frozen your mortgage
- Three Must-Knows For Property Investors To Prep For EOFY
- Building not buying: do you need a mortgage or a construction loan?
- Full stop: taking a ‘mortgage holiday’ when rates are low
- Getting it together: what to know before you consolidate
- Concerned about servicing your loan?
- Here to help
- Is now the time to refinance?
- PART 2 - Expenses and Property
- How much can I afford to borrow?
- 2020 Vision
- A home for all seasons
- Four must-haves for your next inspection
- Credit report changes: don’t be caught out
- How asset finance can help your business grow
- Did you know… about non-bank lenders?
- Thinking of buying off the plan?
- Five questions for first-home buyers
- A simple guide to small business loans
- Pay your home loan off fast!
- Need help with your Business Finance?
- Budget breakdown: implications for property buyers and sellers
- Why good tenants are more important than you think
- Should you live in your house while you renovate?
- Treat your investment property like a business and your tenants like clients
- Homefree Mortgages - How can we help you?
- Five common mistakes rookie property investors make
- Five simple ways to declutter your home
- When the auction is passed in – to you! What happens next?
- Do Interest Only loans on Owner Occupied Mortgages make sense anymore?
- Refinancing could save you thousands – and give you greater flexibility
- How redraw works and why it’s a handy loan feature
- How to get the most out of refinancing
- How an offset account could cut years off your home loan
- How to survive a home renovation with a baby on the way
- Vehicle or Equipment Finance
- You've won the auction - What happens next?
- Check out this sexy beast that we just financed!
- Fixed, Variable, Split - Find the right fit for you
- How to add maximum value with renovations
- Confused about home loan pre-approvals?
- Homefree Mortgages is turning 5!
- Property Insurance
- Borrowing money for renovations
- The difference between what you can borrow and what you should borrow
- A guide to first home buyer grants
- Choosing your broker
- Refinancing your home.
- Back to work
- A car for Christmas?
- Refinancing
- Friday's Investment Property Tip
- Thursday's Property Investment Tip
- Wednesday's Property Investment Tip
- Tuesday's Tip
- Homefree Mortgages - Investment Property Tips
- Did you know that Homefree Mortgages also does Vehicle & Equipment finance?
- Don't forget who to call for your finance needs.
- Interest Rates Slashed!!
- Biggest deal to date, $4.38M
- News
- Rate cut path reassured as inflation ticks further down
- How to know it’s the right time to sell your home for a good price
- The property selling method that’s getting more and more popular
- The most popular suburbs for home buyers in 2024
- ’Year of the first homebuyer’: 5 ways to get into the market
- Buy a house now or wait until 2025?
- Hope for bigger savings for buyers after scrapping of controversial property tax
- ‘Asking for too much’: More property owners are failing to sell
- Spring surge: Why home sellers keep choosing the end of the year to sell
- Australia’s most competitive suburbs that homebuyers are racing to buy in
- Savings slog: How long it takes a first-home buyer to save a deposit
- What’s behind the property market’s unexpected winter boom?
- Will the stage three tax reforms affect property prices?
- Is your property properly insured?
- Key factors to consider when choosing a family home
- What it costs to live in Melbourne’s top suburbs for wellbeing
- Aussies prefer living outside the city if they can work from home - survey reveals
- Open house etiquette for buyers
- Melbourne homebuyers could be in control of the action market
- Six things to do today to boost your borrowing power by $130k
- What is Equity and how can I build it?
- 5 questions your mortgage broker should ask you
- Why rising seller confidence is good news for buyers
- 3 Practical tips from a young first-home buyer
- 14 ways to slash your energy costs while staying home
- Five common yet confusing property finance terms explained
- COVID-inspired trends that will shape the way we build our homes in the future
- Open home checklist — what potential buyers should look for when inspecting a property
- Awards, ratings and discounts: How to navigate marketing tactics when buying insurance
- How home owners, buyers and investors can interpret lagging and leading indicators
- What is lenders mortgage insurance?
- What mortgage brokers do and how borrowers can benefit from using one
- Are fixed-rate home loan deals below 2 per cent too good to be true?
- Capital Gains: securing the finance your business needs
- November interest rate announcement: Reserve Bank cuts cash rate to bolster economy
- Federal Budget 2020: New home builds in focus with government boost for first-home buyers
- Get Out Of Town: Are rural areas the new Australian property hotspots?
- Around the Grounds: How COVID-19 has impacted on Australia’s property market
- Back in Action: How long-term low interest rates could benefit your business
- Getting a Foot in the Door: What you need to know about the new HomeBuilder grant
- Work from home tax deductions you can claim this year
- How to resume home loan repayments if you’ve frozen your mortgage
- Three Must-Knows For Property Investors To Prep For EOFY
- Building not buying: do you need a mortgage or a construction loan?
- Full stop: taking a ‘mortgage holiday’ when rates are low
- Getting it together: what to know before you consolidate
- Concerned about servicing your loan?
- Here to help
- Is now the time to refinance?
- PART 2 - Expenses and Property
- How much can I afford to borrow?
- 2020 Vision
- A home for all seasons
- Four must-haves for your next inspection
- Credit report changes: don’t be caught out
- How asset finance can help your business grow
- Did you know… about non-bank lenders?
- Thinking of buying off the plan?
- Five questions for first-home buyers
- A simple guide to small business loans
- Pay your home loan off fast!
- Need help with your Business Finance?
- Budget breakdown: implications for property buyers and sellers
- Why good tenants are more important than you think
- Should you live in your house while you renovate?
- Treat your investment property like a business and your tenants like clients
- Homefree Mortgages - How can we help you?
- Five common mistakes rookie property investors make
- Five simple ways to declutter your home
- When the auction is passed in – to you! What happens next?
- Do Interest Only loans on Owner Occupied Mortgages make sense anymore?
- Refinancing could save you thousands – and give you greater flexibility
- How redraw works and why it’s a handy loan feature
- How to get the most out of refinancing
- How an offset account could cut years off your home loan
- How to survive a home renovation with a baby on the way
- Vehicle or Equipment Finance
- You've won the auction - What happens next?
- Check out this sexy beast that we just financed!
- Fixed, Variable, Split - Find the right fit for you
- How to add maximum value with renovations
- Confused about home loan pre-approvals?
- Homefree Mortgages is turning 5!
- Property Insurance
- Borrowing money for renovations
- The difference between what you can borrow and what you should borrow
- A guide to first home buyer grants
- Choosing your broker
- Refinancing your home.
- Back to work
- A car for Christmas?
- Refinancing
- Friday's Investment Property Tip
- Thursday's Property Investment Tip
- Wednesday's Property Investment Tip
- Tuesday's Tip
- Homefree Mortgages - Investment Property Tips
- Did you know that Homefree Mortgages also does Vehicle & Equipment finance?
- Don't forget who to call for your finance needs.
- Interest Rates Slashed!!
- Biggest deal to date, $4.38M