Let’s take a quick look at what’s happening across the market, starting with Perth.
As we move through May and approach the end of the financial year, it’s a great time to review your goals, refocus your priorities, and prepare for a strong finish to the year.
Australia’s property market remains resilient, although conditions continue to vary across the country.
National dwelling values were flat in May, reflecting a more balanced market overall. However, performance differed significantly between cities. Perth continued to lead the nation with annual growth of approximately 25.8%, followed by Brisbane at 19.1% and Adelaide, which also recorded strong growth. Sydney and Melbourne experienced softer conditions, with values declining by 0.9% and 0.8% respectively during the month.
While higher interest rates and affordability pressures continue to influence buyer activity, strong population growth and ongoing housing shortages are helping support many markets. Buyers are becoming more selective, making accurate pricing, quality presentation, and effective marketing more important than ever.
No matter the market, the fundamentals remain the same:
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Stay consistent.
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Build strong relationships.
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Manage your time and energy well.
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Follow proven systems and processes.
As we head towards the end of the financial year, remember that clients are looking for trusted advisers who can guide them with confidence, knowledge, and expertise.
Stay focused, stay disciplined, and continue delivering value.
Cheers
Ryan
