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Who buys property in a cost-of-living crisis?

By Robyn Tongol
18 January 2024 | 9 minute read
Eliza Owen web

Late 2023 saw cash rates hit their peak in this rate rise cycle, but house prices did not drop. Who has been propelling the market forward?

In this episode of Secrets of the Top 100 Agents, CoreLogic’s head of residential research Australia, Eliza Owen, sits down with host Grace Ormsby to spill the beans on 2023’s residential property market.

Eliza reveals how wealth levels skewed last year’s buyer profile, and why the “bank of mum and dad” might be ready to become more official.

Looking to the year ahead, Eliza shares how shifting labour trends and savings levels will reshape the direction of Australia’s property market in 2024.

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