QMI: December 2024

I’m very happy to present to you our first Quarterly Market Insights (QMI) of 2025, and the first since I joined Oliver Hume as Chief Economist.

The December 2024 Quarter QMI presents our summary of key indicators and market trends as well as our outlook for key land markets in 2025. It is based on the latest market data and our own proprietary market intelligence, developed by our in-house research team over the last 20 years and supported by a network of more than 80 sales staff collecting market data for land and townhouse estates across the country.

We supplement this market data with on-the-ground insights gained by constant engagement with our customers, clients and partners and by delivering over 400 residential communities throughout Victoria, Queensland and South Australia.

For me personally, it’s a particularly exciting time to join Oliver Hume to lead the Research team. As our CEO, Julian Coppini, lays out in this edition, Oliver Hume has invested heavily in the digital capabilities of the company and expanding our human capital. These investments continue to expand the Research team’s ability to deliver deeper insights into the future of markets for our customers and clients, government and industry stakeholders and strategic partners and empowers them to anticipate the future and make strategic decisions.

I’m very proud to be part of an organisation that has helped the market deliver new residential property developments for over 70 years. There has never been a more important time to be part of the housing solution for all Australians. An active and dynamic residential greenfield market is key to ensuring we can meet housing requirements, both now and in the future, while also ensuring better affordability and delivering the types of housing Australians need and want.

‍

Matt Bell

Chief EconomistOliver Hume