Well just like that we’re already halfway through 2025. EOFY specials are aplenty, and it’s a great time to reflect on the market’s performance so far and consider what the second half of the year may bring.
The standout theme for the first six months has been a noticeable increase in buyer confidence. Following a series of interest rate reductions, we’ve seen steady activity from purchasers—far more robust than in 2024. This renewed confidence has supported a consistent turnover of properties, with the average days on market now sitting at a healthy 42 days.
April, traditionally a quieter month due to school holidays, Easter, and, this year, the federal election campaign, defied expectations. It turned out to be our most successful sales month in a number of years—highlighting strong underlying buyer sentiment and demand.
While property prices have remained relatively stable throughout the first half of the year, we’ve observed solid engagement and competition among buyers across various segments of the market.
As we move into the second half of 2025, all eyes are on the expected interest rate drop in July. Should this occur, we anticipate it will further strengthen buyer confidence and possibly increase demand. Whether this translates into upward price movement will largely depend on supply. If we see a significant increase in the number of properties hitting the market, this could balance out demand and keep prices steady. However, if supply remains constrained while demand grows, we may see modest price increases—favourable news for prospective sellers.
For buyers, now represents a strategic window to enter the market ahead of further competition, particularly with investor activity expected to rise post end-of-financial-year.
For those considering selling in the next six months, we recommend beginning preparations now. Listing earlier—before the traditionally busy spring season—can offer the advantage of less competition, potentially leading to stronger outcomes.
Our team anticipates a buoyant and active market for the remainder of the year, and we’re here to support you through your property journey—whether you’re buying, selling, or simply seeking a current market appraisal of your property. With values shifting over the past 6–12 months, it’s a great time to check in.
Please don’t hesitate to reach out to me or anyone on the sales team. We’d love to help.