By
Michael Bird
April 18, 2024
•
10
min read
The Urban.com.au Market Insights Live Event recently featured a compelling discussion on the evolving dynamics of the real estate market, particularly focusing on the perspective of the off-the-plan buyer in 2024. Hosted by Urban.com.au CEO Mike Bird, the panel included insights from industry experts including Andrew Leoncelli, Managing Director for Victoria at Abadeen. Here's a breakdown of the key points discussed:
Gain insights from industry experts, including Andrew Leoncelli, Managing Director for Victoria at Abadeen, as they delve into the evolving dynamics of the real estate market, with a particular focus on the perspective of the off-the-plan buyer in 2024. Throughout the discussion, hosted by Urban.com.au CEO Mike Bird, key topics such as construction price trends, market focus areas, and investment strategies are explored in depth.
Discover the trends in construction prices and labor challenges, with insights into the growth rates and the impact of labor shortages on project timelines and costs. Understand Abadeen's market focus areas and investment strategies, including preferences in site selection, project types, and target markets.
Explore the shift towards larger, high-quality apartments catering to downsizers and owner-occupiers, and the importance of understanding buyer preferences and market demand in product development. Learn about the evolution of sales programs, including strategies to mitigate risks and improve revenue escalation over the life of the project.
Gain insights into the top developers in Australia and the qualities that set them apart, including their market focus, track record, and reputation for delivering high-quality projects. Participate in an engaging Q&A session where industry experts address questions on market trends, site selection criteria, investment strategies, and the outlook for the real estate market.
Watching the video provides an opportunity to stay informed about market trends, learn from the experiences and strategies of industry leaders, and enhance decision-making and competitiveness in the property development sector.