August Property Market Update
Manage episode 505408259 series 3674111
August Property Market Update
August delivered the strongest property growth since May, with Australia’s national home value index rising 0.7% despite winter’s traditionally slower conditions. Capital cities outperformed regional areas, with Brisbane leading monthly growth at 1.2%, followed by Perth (1.1%), Sydney (0.8%), and Adelaide (0.8%). Annual results show Darwin topping growth at 10.2%, with Brisbane, Perth, and Adelaide all pushing past 6%.
With interest rates easing and the Home Guarantee Scheme kicking off October 1st, market momentum is accelerating. Listings remain 20% below average, as homeowners renovate instead of selling, tightening supply.
If you’re waiting for prices to fall, think again—delaying your purchase could cost you significantly in 12 months’ time. For investors ready to secure a high-performing property and settle before Christmas, now is the time to act.
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Disclaimer:
The viewer/listener acknowledges and agrees that:
- Taylored Property Wealth Pty Ltd is a licensed Buyer’s Agency operating in New South Wales, Australia. It is not a licensed financial adviser, accountant, solicitor, mortgage broker, builder, engineer, architect, town planner, or property manager.
- The information provided in this episode (or any related media content) is general in nature and does not...
Chapters
1. August Property Growth Overview (00:00:00)
2. Low Stock Levels and Buyer Hesitation (00:00:42)
3. Capital City Performance Breakdown (00:01:24)
4. Annual Growth Rates Revealed (00:04:11)
5. Call to Action for Investors (00:05:34)
78 episodes