Top 3 Worst Performing Areas for 2024! Which Areas Should You Steer Clear From?

Top 3 Worst Performing Areas for 2024! Which Areas Should You Steer Clear From?
We're more than a few months into 2024...
But there's still so much uncertainty around the property market.
Interest rates remain high and demand continues to outmatch supply, and so is this the right time to invest?
So while it's important to seek areas that are showing all the right signs, it's equally important to be able to spot the locations that aren't!
And that's what we'll be doing in today's episode.
We'll be disclosing three areas that aren't performing well and the trends that lead me to suspect that poor performance could continue.
So by the end of this episode, we'll discuss:
- Which metrics and trends can help you spot poor-performing areas?
- Areas around the country that are looking poor at the moment.
- And why this market is not done cooking despite what the media leads you to believe!
So if you want to get better at spotting both winners and losers, this episode will help give you the right tools for the job!
CHAPTERS:
00:00 - Introduction to Worst Performing Areas in 2024
01:56 - Analysis of Southern Highlands Region
05:30 - Trends in Southern Highlands Days on Market
09:49 - Analysis of Snowy Mountains Region
10:53 - Increasing Days on Market in Snowy Mountains
14:03 - Analysis of Macedon Regions
15:27 - Trends in Macedon Regions Inventory Levels
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Disclaimer: The information provided in this podcast is general in nature and should not be considered as personal financial advice. The podcast host, guests, and contributors are not licensed financial advisors. Please seek professional financial advice that is tailored to your situation and circumstances before making any financial decisions.

[@williamcrossan9333]

Thanks for the vid!

[@investorkit]

Welcome ! Glad you enjoyed it

[@JingWang-ep4tg]

Hello. Just wondering what your thoughts are on Enysbury estate in VIC .( 40km from Melbourne west ) any chance you could do video on those newly established estates? Thanks heaps !

[@damowantswealth]

Great content as always !!!

[@investorkit]

Thank you!!