I’ve heard through the grapevine that even in medical fields, patients held off locking in elective interventions until the elections were a thing of the past!
The moment the votes were counted, confidence returned with full force, with a number of interested parties pulling the trigger on property purchases during the last fortnight. Colleagues across the industry unanimously agree that in the past two weeks there has been a significant surge in buyer activity!
This week, I’m thrilled to announce the result we achieved for 409/88 Macquarie Street. This fully renovated (we’re talking electricals and plumbing too, not just a visible glow up) residence spanning 164 SQM on the top of the Dakota Woolstore was secured for $2,480,000 by Buyology Property for their client.
On Tuesday, the RBA announced the widely expected second rate cut for 2025, bringing the cash rate down from 4.10 per cent to 3.85 per cent, and I am confident we’ll experience another noticeable increase in buyer activity as we head into winter.
While the RBA sees inflation risk easing, prompting the most recent change in monetary policy, it does warn that geopolitical instability and tariffs may still disrupt supply chains and drive up prices. Irrespective of Trump’s abrupt decisions, the RBA was likely to have cut interest rates this week due to inflation falling back into the target band sooner than anticipated, but what the rest of 2025 has in store for borrowers is anyone’s guess.
Bond markets and economists remain split on the number of cuts that may be ahead this year, but one thing is certain: our listing board is ready to satisfy the inevitable rush we can expect following the RBA’s announcement on Tuesday.
This week again, we’ve managed to orchestrate a schedule that will make any Type A person’s heart beat faster and your open home experience particularly seamless. I’ve copied our neatly arranged calendar for you below, so you can easily make plans to join us at one or a few of these properties, but first, I want to talk you through some exceptional pre-market opportunities.
One bedroom apartments have become a hot commodity in Brisbane and 12/36 Vernon Terrace is the perfect opportunity to nab one such home or investment property in the London Woolstore. We’ll be holding an open home there from 10am on Saturday if you’d like to take a look!
While you’re in the building, it’s well worth your time to venture to the top floor to discover this gorgeous apartment. A beautiful renovation, spacious living areas and river views await and will be going to auction in a fortnight, on-site. Join us at the open homes this Saturday at either 10am or 1.30pm.
Just around the corner, 37/10 Vernon Terrace is a fantastic opportunity to purchase a top floor apartment overlooking Florence Street. With an oversized semi-covered terrace, this is the perfect spot to enjoy the cooler winter months in the heart of Teneriffe!
At 18 Helen Street, Unit 10 is a wonderful modern apartment with an excellent floor plan, a generous covered balcony and a brilliant position on the border of Teneriffe and Newstead, inviting you to enjoy the vibrant lifestyle on offer in both suburbs. Join us for a first glimpse of this property on Saturday at 2.30pm.
If you haven’t made any plans for tonight yet, this is your final call to join us for INTERLUDE, an exclusive preview of John Wren’s latest works! See you after 5PM at The Bethnal in Newstead!
Talk soon,
Ben
