Welcome to the Property Planner’s Monthly Market Update, your comprehensive resource for the latest insights and trends in the real estate and economic landscape!
Stay informed and ahead of the curve with our expert analysis, helping you make well-informed decisions in the ever-evolving property market.
Latest Inflation Data Paves the Way for RBA Rate Cut
The ABS just released the Q2 (April–June) inflation data yesterday (30th July), and it provided the numbers the RBA wanted to see before reducing rates again.
Headline inflation has eased to 2.1%, down from 2.4% last quarter — perfectly in line with the RBA’s forecast.
“Trimmed mean” inflation (the RBA’s preferred measure) also dropped from 2.9% to 2.7%, just slightly above the RBA’s expected 2.6%.
What does this mean?
Markets are now pricing in a 100% chance of a 0.25% rate cut at the RBA’s August meeting and a 52% chance of an even bigger 0.50% cut!
As affordability improves, more homebuyers and investors will enter the market, creating more competition and boosting price at the back end of 2025 before momentum really takes off in 2026.
Source: ABS
Price Growth Across All Capitals
Every capital city recorded solid price growth in June, with most seeing either an acceleration or matching in their rate of growth compared to June.
The exceptions were Melbourne and Canberra that eased from June’s growth.
This suggests that the market may be heating up in response to the second interest rate cut delivered by the RBA, with the markets betting that a third rate reduction in August is a monty.
After trailing regionals for much of the past year, the combined capitals matched the regions in July with 0.6% growth each.
However, over the last three months, capitals edged ahead slightly with 1.8% growth vs regions at 1.7%.
The tide may be turning back in favour of the capitals as affordability pressures and investor interest shift focus.
Source: Cotality
Recovery Underway in Melbourne’s Property Market
With six months of steady gains and counting, Melbourne’s recovery is no longer a theory, it’s happening.
Since February 2025, values have been on the rise every month:
- 🌱 Feb: +0.4%
- 🌱 Mar: +0.5%
- 🌱 Apr: +0.2%
- 🌱 May: +0.4%
- 🌱 June: +0.5%
- 🌱 July: +0.4%
And with further interest rate cuts expected from the RBA in August and later in the year, buyer and investor confidence is set to strengthen even further, adding fuel to the recovery as we head into the second half of the year.
Click here for more detailed insights into the data behind Melbourne’s market recovery.
Darwin’s Property Market Ramps Up the Heat
According to Cotality, Darwin was the top-performing property market in June, notching up a whopping 2.2% rise in values over July.
With 5.6% growth over the quarter, Darwin prices are taking off and we expect that there is a long way to go yet.
Click here for more insights on Darwin.
Recent Monthly Growth:
🔹 March: +1.0%
🔹 April: +1.1%
🔹 May: +1.6%
🔹 June: +1.5%
🔹 July: +2.2%
Perth’s Property Market Keeps Climbing
Momentum continues to ramp up in the west, with Perth recording +0.8% price growth in July.
This is the strongest monthly rise so far in 2025, according to Cotality, as Perth starts to get a second wind after the recent rate reductions, with expectations of more to come.
Recent Monthly Growth:
🔹 March: +0.2%
🔹 April: +0.4%
🔹 May: +0.7%
🔹 June: +0.8%
🔹 July: +0.9%
Canberra Property Bounces Back
After a slow start to 2025, Canberra’s property market is finally showing signs of life, posting solid gains month on month since April, according to Cotality.
Recent Monthly Growth:
🔹 March: +0.2%
🔹 April: +0.4%
🔹 May: +0.4%
🔹 June: +0.9%
🔹 July: +0.5%
Adelaide’s Growth Continues
Total listings have increased 6.5% YoY and new listings are down 1.5%, suggesting older stock is sitting on the market longer.
Despite this, Adelaide has posted 0.7% growth in July, the highest level of growth in 2025 since March.
Recent Monthly Growth:
🔹 March: +0.8%
🔹 April: +0.3%
🔹 May: +0.4%
🔹 June: +0.5%
🔹 July: +0.7%
Brisbane Remains Resilient
Brisbane continues to perform well, posting 0.7% growth in July, matching June’s growth.
Despite minor softening, quarterly growth remains solid at 2.3%
Recent Monthly Growth:
🔹 March: +0.4%
🔹 April: +0.4%
🔹 May: +0.6%
🔹 June: +0.7%
🔹 July: +0.7%
Sydney’s Growth Solidifies
Sydney continues to perform well, posting 0.6% growth in July, matching June’s growth.
Old listings are down 6.2% over the month, however up 28.3% YoY.
Recent Monthly Growth:
🔹 March: +0.3%
🔹 April: +0.2%
🔹 May: +0.5%
🔹 June: +0.6%
🔹 July: +0.6%
Hobart Picks Up Again
Following a decline in June, Hobart’s market has picked up with modest growth of 0.1% in July.
Total listings and new listings are up YoY by 1.4% and 7.9% respectively, adding further supply to this languishing market
Recent Monthly Growth:
🔹 March: -0.4%
🔹 April: +0.9%
🔹 May: +0.6%
🔹 June: -0.2%
🔹 July: +0.1%
Reach Out to Us
If you would like to discuss your next steps, property plans, and mortgage strategy, get in touch with us today. Our team of experts is here to guide you through the complexities of the market and help you achieve your property goals.
