What’s really going on in Australia’s property market? In this episode, we sit down with Cameron Kusher, Executive Director of Economic Research at REA Group, to unpack the trends shaping the Australian property market right now. With access to some of the country’s most comprehensive property data, Cameron sheds light on what buyers are searching for, where listings are rising, and how this all connects to transactions and prices. We dig into regional differences in price growth—why places like Perth and Adelaide are surging, while Melbourne struggles—and what’s driving these changes. Cameron explains how the rental market is finally loosening up, making it easier for sellers to transition, and we discuss the growing influence of investors in certain areas. We also talk through the impact of interest rates and how expectations of future cuts are influencing sellers’ behaviour. There’s a fascinating shift happening with buyers too—more selectiveness, fewer bidders at auctions, and changing preferences driven by necessity rather than desire. We touch on how affordability is pushing renters out to the fringes, and Cameron shares insights into how the work-from-anywhere trend is reshaping migration patterns. This episode really gets under the hood of the property market. If you’re curious about how things are tracking and what’s around the corner, you won’t want to miss it! Episode Highlights: 00:00 - Introduction 01:09 - Who is Cameron Kusher? 01:39 - How is the spring market shaping up for real estate? 03:33 - Spring selling season dynamics 06:02 - Regional market trends and price divergence 08:26 - Is property market urgency on the rise based on recent search data? 14:00 - Perth's unique market conditions 17:25 - How does REA view the long-term decline in property turnover rates? 20:00 - Factors influencing established dwelling prices 23:20 - Which property types or areas show the best capital growth based on transaction data? 25:24 - Key factors that contribute to the established dwelling price movements 28:47 - Are relocation trends shifting based on geotagged property inquiries? 35:00 - Have you noticed a drop in online demand as rental price growth has slowed recently? 39:13 - Are you seeing trends in rental properties being sold as investors exit the market? 46:33 - What exciting innovations in buyer products are on the horizon at REA? 50:11 - Cameron Kusher’s property dumbo 50:42 - Is there alignment between the PIPA survey results and REA’s online user interest? About Our Guest: Cameron Kusher is the Executive Director of Economic Research at REA Group, with 20 years of experience across residential and commercial property sectors. His expertise spans valuations, property development, consulting, and market research, giving him a deep understanding of demographics, trends, and economics. Before joining REA, he spent over 11 years at CoreLogic as Head of Research for Australia. Cameron oversees the production of REA’s market reports and engages with media, customers, and industry stakeholders. Known as a thought leader, he frequently provides commentary, delivers keynote speeches, and writes on housing trends, demographics, mortgage markets, and industry opportunities. He holds a Bachelor of Applied Science in Property Economics from Queensland University of Technology. Connect with Cameron Kusher: Website https://realestate.com.au/LinkedIn https://www.linkedin.com/in/cameron-kusher-bbb71b46/ Resources: Visit our website https://www.theelephantintheroom.com.auIf you have any questions or would like to be featured on our show, contact us at The Elephant in the Room Property Podcast questions@theelephantintheroom.com.auLooking for a Sydney Buyers Agent? https://www.gooddeeds.com.auWork with Veronica: https://www.veronicamorgan.com.auLooking for a Mortgage Broker? https://www.flintgroup.auWork with Chris: chrisbates@flintgroup.au Enjoyed the podcast? Don't miss out on what's yet to come! Hit that subscription button, spread the word and join us for more insightful discussions in real estate. Your journey starts now! Subscribe on YouTube: https://www.youtube.com/@theelephantintheroom-podcastSubscribe on Apple Podcasts: https://podcasts.apple.com/ph/podcast/the-elephant-in-the-room-property-podcast/id1384822719Subscribe on Spotify: https://open.spotify.com/show/3Ge1626dgnmK0RyKPcXjP0?si=26cde394fa854765See omnystudio.com/listener for privacy information.
