Subject: HTW Prestige Property Monitor
⚡️ Highlights:
1. Australia's prestige property markets are showing measured divergence, with the HTW Prestige Index remaining stable at 62 out of 100. 2. Adelaide is the standout performer with a score of 80, driven by low stock levels, high buyer demand, and record-breaking results. 3. Brisbane has cooled off slightly with a score of 70, moving it back into Warm territory, but unique high-end homes still see strong demand. 4. Perth remains steady at 70, with robust demand in riverside and coastal precincts, although buyers are becoming more discerning. 5. Sydney and Melbourne have seen a decrease in scores, with Sydney moving into Soft territory and Melbourne remaining buyer-favoured, with the macro environment impacting high-net-worth buyers' decision-making.
✍️ Herron Todd White | Full Article
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