The Australian property market is showing signs of change.
CoreLogic data reveals a -0.1% drop in national home values in December 2024 which is the first decline in nearly two years.
However, it’s important to recognise the diversity in Australia’s property markets. For example, Adelaide, Perth and Brisbane have shown strong growth whilst Melbourne, Hobart and the ACT are seeing declines. Sydney has held steady.
With up to three rate cuts predicted for 2025 and more properties expected to hit the market early in the year, now is the time to get your finances in order. Being prepared ensures you can act quickly when the right property becomes available.
Be Ready To Act
Allan Hall Finance specialises in helping buyers navigate the financial landscape. We offer free consultations to discuss your financial situation, come up with structures tailored to your needs and help you prepare for the opportunities ahead.