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Melbourne Apartment Market Update & Outlook | March 2024

Join Richard Temlett, National Executive Director | Research at Charter Keck Cramer as he takes a deep dive into Melbourne's Build to Rent (BTR) and Build to Sell (BTS) apartment markets. Charter Keck Cramer’s H2-2023 figures from our National BTS and BTR Apartment Database will be unpacked whilst key opportunities and risks will be highlighted in both the BTS and BTR apartment markets.

Date: Monday 25 March 2024
Time: 10.15am (networking and morning tea) followed by 11am to 12pm presentation
Location: ZINC at Federation Square

*Theatre seating

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The housing and rental crisis across Australia is very much at the forefront of the Federal, State and Local Government thinking. The role that the BTS and BTR apartment markets respectively need to play in addressing the housing and rental crises cannot be overstated. We look forward to providing insights relating to the evolving dynamics of the Government led supply push, market characteristics and broader economic considerations.

BTS Apartment Market

We anticipate that the BTS apartment market will gain forward momentum over the course of 2024 given a concerted push by Government for considerable new supply provision along with the RBA rate tightening cycle having reached or nearing its peak. With a rate cut anticipated midway through 2024 buyer demand is expected to strengthen leading to price growth across sub-markets. We will unpack BTS apartment supply, demand and pricing metrics including a review of key future locations and corridors. In addition, we will look further into the development cycle to identify how developers and financiers can mitigate risks as the market improves throughout 2024 and into 2025.

BTR Apartment Market

We expect that 2024 will be a defining year for BTR and will test the resolve and investment thesis of many BTR developers and their financiers. Over the last 6 months capital has been harder to raise given higher risk adjusted returns are being sought in response to the rapid rate rises and construction cost increases. Given the nascent phase of BTR in Australia, we will outline various BTR related development risks and opportunities including recent policy changes which provide greater incentive for offshore investors to enter the Australian BTR market.


Registration

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Event cancellation policy

Please note that no refunds will be given to cancellations made seven (7) or less business days prior to the event as catering arrangements have already been confirmed. We are happy to accept a replacement attendee at no additional cost. To replace the original registrant with another attendee, please write to events@charterkc.com.au. All cancellations must be completed via Eventbrite and applicable refunds will be applied to the original payment method nominated when completing your reservation via Eventbrite.

Event terms and conditions

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