Newsletter - Inner Circle May 2025
Inner Circle
May 2025
Welcome to Inner Circle – the insider’s update on the real estate market!
Now that the election and school holidays are over, where does the real estate market find itself?
From our point of view, the market is in solid shape. With interest rates tipped to fall,
we’re seeing plenty of smart people getting in early.
Some of the better buys at the moment include shrewdly selected one bed apartments
in inner Melbourne (many offering good rental income yields), properties in the $800,000 -$1.2 million
range in the eastern suburbs and select homes around the $1.5 million mark in bayside areas.
Market News
April data from Cotality (the recently renamed CoreLogic) shows nation dwelling values rose 0.3 per cent, a steady, workman-like performance
Home values increased in every capital city. The rise in values added about $2,720 to the median value of a dwelling over the month.
Most analysts have concluded that the trend of steady as she goes performance is likely to remain on the proviso that interest rates fall gradually.
Auction clearance rates and new listings have slowed since February, mostly due to an upcoming election, fears about stability in the United States, and school holidays.
With the return of more normal conditions, we expect the market to work through the winter months and return to stronger growth come spring.
The two signs we will be paying most attention to are the shortage of stock and the RBA.
If the central bank is forced to cut rates faster than many expect, this will boost investors and owner occupiers’ buying power. Improving sales price then should trigger a jump in properties listed for sale.
In the regions, sales price growth continues to outperform capital cities. We are seeing interstate investors, especially from NSW and SA, active in markets like Ballarat and Geelong.
While rental growth has slowed from last year, Cotality’s national rental index is still rising.
In The Media.
Global economic uncertainty and seismic shifts in the insurance landscape have huge implications for Australian residential property investors.
In API magazine, Miriam Sandkuhler takes a look at property investing in an era of uncertainty: bit.ly/4klMwLH
Buyers Agent Tips
It’s also a good time for those contemplating a move in 2025 to turn your minds to one of the most common questions I get from family home upgraders and downsizers alike.
Should you buy your new home first and then sell your current abode? Or always sell before you buy?
It’s one of the most difficult decisions homeowners will make so before you make your big move, make sure you know these tips from a real estate industry insider. bit.ly/3GPwmM1
Why you need a Property Maven to help you buy an investment property.
Anitya was looking to purchase an investment property within a specific budget but was a little lost when it came to where or what to buy. So, she engaged Miriam Sandkuhler of Property Mavens to help.
After reviewing her budget, Miriam recommended Anitya consider a low-maintenance property with potential for capital growth and a strong rental yield.
We were able to successfully purchase this fantastic property in Ballarat $30,000 less than vendors asking price.
It has delivered Anitya rising rental income and is well positioned for growth.
Why you need a Vendors Advocate.
The time had come to sell the family home but the market was tough and Athena wanted to make sure she got the right result in a slow moving market.
But Athena was a little wary of the real estate selling process and wanted some reassurance that she could get a good price.
She contacted Property Mavens and Miriam got right to work.
We set up a process to interview and select the agent best suited her needs, negotiating the price and terms of the agreement. We then advised her on best marketing strategy.
At the end of the campaign, our process found the right buyer and the negotiated price came in at the vendors reserve, a great result for this owner.
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Go forth and prosper !
Kind Regards
Miriam Sandkuhler
CEO, Accredited Property Investment Advisor
Buyer and Vendor Advocate, Author of Property Prosperity
e: miriam@propertymavens.com.au
p: 03) 9988 2266
The Jewell
Suite 209/566 St Kilda Rd
Melbourne VIC 3004
www.propertymavens.com.au
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