The property markets in Australia and New Zealand showed steady improvement in April, marking three consecutive months of growth. In Australia, national dwelling values rose 0.3%, with every capital city recording gains—Darwin leading at 1.1%. Brisbane, Adelaide, and Perth are now at record-high values. April remained quiet due to school holidays, with new listings at their lowest since 2019. Houses outpaced units in growth (1.1% vs. 0.5%), and regional areas led the charge, especially in South and Western Australia.
Rental markets also strengthened, with prices up 0.6% and gross yields reaching 3.52%—an 11-month high. In Perth, weekly sales dipped 7.5% but remained solid, while rental supply stayed tight with just 2,325 properties available. New Zealand also saw a 0.3% rise in home values, with the national average climbing to $819,000—its highest since mid-2023. While growth is modest, low supply and easing rates could support further upward movement in both countries.
With only few weeks left in the financial year, I want you to prioritise two things:
1. Book a Holiday
The past 12 months have been full-on. If you had the right systems and strategies in place, you’ve likely been flat out—so now is the perfect time to plan a well-earned break. Step back, recharge, and come back refreshed.
2. Revisit Your Goals
As you know, I’m always reviewing and refining my goals, and I encourage you to do the same—at least every six months. Take a moment to reflect on what you’ve achieved over the past half-year and set fresh, clear goals for the start of the 2025/26 financial year.
Here’s to your success,
Ryan
