Upgraders have overtaken first home owners to be the most active residential buyer cohort in Australia, a new CBRE survey shows, says CBRE’s Pacific Head of Research, Sameer Chopra.
Local buyers and upgraders most active in Australia’s prestige residential market -CBRE
Demand for houses valued up to $20 million is strong in the Australian prestige residential market with local buyers and upgraders the most active, said CBRE’s Head of Prestige Valuations NSW Bader Naaman.
First home buyers drive demand for residential property nationally - CBRE
CBRE’s Residential Valuer Insights Q3 2024 surveyed CBRE’s residential valuers around Australia to provide expert insights on local and national trends.