As prices rise and listings tighten again, the market became tough for buyers but unexpected opportunities for homeowners.
Australia’s median property price rose 1.0% in November and 3.1% over the quarter, according to Cotality. At the same time, SQM Research reports total listings fell 5.4% month-on-month and new listings dropped 11.3%. With fewer homes hitting the market, buyers are competing harder for what’s available.
If you’re buying
- Expect more competition – fewer listings mean faster sales.
- Pre-approval boosts your chances – sellers often choose buyers who can move quickly.
- Clarity is key – knowing your budget and non-negotiables helps you avoid overpaying.
If you’re a homeowner
- Your equity may have grown – rising prices can improve borrowing options.
- Equity can unlock upgrades – refinancing, renovating or upsizing become more achievable.
- A quick equity check helps you plan – and shows what’s possible next year.
If you want to check your borrowing position or understand how much equity you’ve gained, Contact Us and I can run the numbers and show you your options.