Australian Residential Valuer Insights Q1 2025

Kicking off 2025, the latest release of our Residential Valuer Insight series offers detailed insights from CBRE’s Residential Valuers, who outline current market demand, buyer types, supply (listings) and future value expectations. For Q1 2025, our Valuers report: 

• Consistent demand amidst market variability: A quarter of CBRE Valuers indicated ‘strong’ to ‘very strong’ demand, with the strongest demand in Adelaide and Perth. Softer demand is evident in Melbourne and Canberra.
• Demand by property type: Since the survey’s beginning, established houses, new houses, and recently renovated properties have experienced strong demand. Softer conditions prevail for unrenovated properties and properties in secondary locations. 
• First home buyers/Upgraders: First home buyers, upgraders, and local investors continue to be the most active buyer type. Down-sizers are also active, while developers and interstate migrants are less active.
• House values next 12 months: 54% of Valuers expect house value growth in the next year, down from a peak of 78% this time last year. The highest growth is expected in Perth and the Gold and Sunshine Coasts.
• Apartment values next 12 months: 35% of Valuers expect an increase in apartment values, with the highest conviction being for Brisbane Metro, Adelaide, and Perth. A third of Sydney Metro Valuers anticipate an increase in apartment values.
• Vacant land values next 12 months: 43% of Valuers expect an increase in vacant land values with the most growth expected in Adelaide, Perth, and the Gold and Sunshine Coasts.
• Future demand: Over the coming year, more Valuers expect demand to increase. Digging deeper, the strongest demand is expected in Sydney Metro, Sydney Outer Metro, and Melbourne Metro.
• Future supply (listings): 61% of Valuers expect stock available to increase in the next 12 months, similar to last quarter and this time last year. Canberra and Melbourne Metro is where most supply is anticipated.