Investing in Victoria in 2024
Having weathered its share of challenges, the Victorian property market is poised for recovery, with rewards for investors who know what to look out for in 2024.
In this episode of The Smart Property Investment Show, host Grace Ormsby gleans valuable insight from Jacob Caine, president of the Real Estate Institute of Victoria, on navigating certain changes across the state to get the most out of Victorian property.
COVID-19 challenges, a new wave of migration and changes to the state laws governing property investments have all impacted the Victorian market over the past few years. Mr Caine shares how confusion sewn by these circumstances have impacted market confidence, and explains the factors that investors need to be clear on to evaluate their strategy.
The duo provide some predictions for performance across the state as 2024 rolls on, and discuss what a “new norm” might look like for Victoria going forward.
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