If you thought we saw a hot Brisbane market in 2024, just wait for what 2025 will deliver. Our enquiries and open home attendee numbers are up 60% on December figures, which will only be spurred on by a possible rate cut as early as next month. I’m always optimistic about the market but this will be huge.
Regardless of what the RBA does or doesn’t do, Brisbane’s set to see anywhere between a 5 to 10% increase in property prices across the next 12 months. Keep an eye on Spring Hill, it’s a sleeping giant which needs a little bit of a polish up but is primed to soar due to its small volume of properties, inner-city location and proximity to Olympic infrastructure.
The start of this year is bringing a different vibe to the past, we’ve seen plenty of early sales and also celebrated the addition of Ray White Woody Point to the Ray White Collective as our sixth office. We’ve had a longstanding relationship with Damien Misso and his team, and my old man went to Humpybong State School so it feels like we’re closing a circle of sorts.
Finally, I want to give another shoutout to my mate Lachlan Stuart who’s pushing through major pain to complete 58 marathons in 58 days. In doing so, he’s also raising much needed funds for the Mental Awareness Foundation. Lachie’s almost up to the double digit stage of his marathon journey, currently in the United States, so give the bloke some love by following his progress and getting behind him.
I hope you enjoyed the read.
Matt Lancashire
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