With interest rates now largely in the rear-view mirror, market sentiment remains upbeat despite the RBA’s unexpected decision to hold rates steady last month. Optimism remains high for a potential cut when the RBA Board meets on 11–12 August, which would likely provide an additional boost to what is already shaping up to be a reasonably buoyant market.
The key driver at present is price sensitivity. Buyers are engaged and active, but value alignment remains crucial. Properties priced in line with current market expectations are achieving strong results across all price points, from entry-level apartments to high-end family homes. Campaigns that launch with realistic price guides continue to see solid enquiry, healthy open-for-inspection numbers, and competitive bidding come auction day.
Looking ahead, August is expected to deliver the highest level of opportunity we’ve seen in the past four years for both buyers and sellers. Stock levels are steadily rising, with more campaigns launching each week and auction volumes building towards a peak later in the month. This increase in available properties, combined with stable sentiment and the possibility of a rate cut, positions the market for a lively end to winter and a positive lead into the traditional spring selling season.
Connect with our team today to take advantage of rising buyer activity and increasing market opportunities.
