Shellabears Blog
How to Navigate a Strong Property Market
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Category: Agent Insights
Should you be proactive in a rising market or sit back and enjoy the ride? At the risk of sounding like a broken record, the market continues to show strength with all the underlying fundamentals influencing growth. Outside of a Black Swan event, the safe haven of property continues to attract investment. It’s this very subject and the question of whether we’re at the beginning of a super cycle, that we discussed at length during our in-house seminar last week hosted by Nick Holt and Chris Shellabear. For me it raises the question of being in the best possible position to take advantage of this market and the slide below is the takeaway. For anyone wanting to see more detail CLICK HERE for the full presentation.
- The Federal government continues to miss its stated housing target of 20,000 new homes per month with the ABS reporting 15,796 new dwellings built in July.
- $22,750,000 Saunders St, Mosman Park sale sets a new high for 2025.
- Federal Govt appoints a housing Tzar to try and get back on track with the supply side as we drift further away from stated construction targets nationally.
- WA hits a new historic low on dwellings for sale
- Watch for further impact to inflation as this may impact the RBA decisions on interest rates
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