As we reach the mid way point of 2026, the property market continues to adjust to a few recent changes, including the impact of interest rate movements and updates affecting residential property investors from the Federal Budget. These factors have created some caution among buyers and have contributed to a softening in overall market conditions compared with the stronger pace we experienced at the beginning of the year.
However, it’s important to remember that it’s not all doom and gloom. While buyer activity has become a little more considered, demand remains steady, and we are still seeing genuine interest from active buyers. One of the key factors supporting the market is the relatively low level of available properties for sale. With limited supply across many areas, well-presented homes that are priced correctly continue to attract strong attention.
The market is moving into a more balanced phase, creating opportunities for both buyers and sellers. For sellers, understanding current conditions, setting realistic expectations, and presenting a property in the best possible light remain critical. For buyers, there are still opportunities to secure quality properties in a market where competition is not as intense as it has been in previous years.
As always, we are here to assist with your real estate needs whether it is buying, selling or renting. For an updated value on your current property please reach out to myself or one of my team.