February 2025
The affordable end of the market dominated growth in 2024, with lower-priced homes leading the way.
The affordable end of the market dominated growth in 2024, with lower-priced homes leading the way.
The RBA kept the cash rate at 4.35% in December for the 9th straight meeting. Markets predict a 73% chance of a February rate cut.
Core inflation increased to 3.5% in October, up from 3.2% in September, signaling ongoing demand pressures in the economy.
Rental growth is easing, but vacancy rates remain tight.
Investors continue to make up a larger portion of overall loan commitments nationally.
Nearly 30% of suburbs experienced a decline in property values.
Investor lending has seen the most significant growth in WA up 56.7%, followed by SA.
Rental increases have remained stable, relative to rising property prices; a positive result for those servicing a mortgage as the relative return on invested funds has remained solid.
We believe that the market is in the seven to eleven o’clock range where it’s currently experiencing growing confidence, price rises, undersupply and rising valuations.
High interest rates have pushed buyer demand towards more affordable housing.