We’re now in February and more excited than ever! With all the celebrations are behind us, it’s time to refocus and make the most of the opportunities this year has to offer.
Here what we are seeing from January’s market. Last month, the national property market stabilise, with dwelling values remaining flat after a period of fluctuations. However, market conditions vary across regions.
-
Capital Cities vs Regional Markets: Sydney and Melbourne saw declines, while Perth and Adelaide continued to grow, though at a slower pace. Regional markets are outperforming capital cities, reaching record highs.
-
Perth’s Market: Still strong, with 17.1% annual growth, but momentum is slowing as more properties hit the market.
-
Interest Rates & Housing Supply: A recent rate cut may support demand, but affordability challenges remain. Housing approvals are rising, particularly in WA and SA.
-
Rental Market Trends: While rental growth is easing, affordability remains a concern. Increased supply and lower migration levels may stabilise conditions.
-
Investor Insights: Mining towns in WA continue to offer high-yield opportunities, but require a deep understanding of the industry.
As 2025 unfolds, adapting to these trends will be key to success. Whether navigating challenges in Melbourne or capitalising on growth in Perth, staying informed is crucial in this evolving market.
As always, here’s to your success in 2025.
Cheers
