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Welcome to our January edition

It’s a new year, and for aspiring homeowners, that means it’s time to focus on getting pre-approved and ready to purchase.

Property prices came down nationally for the first time in almost two years in December, yet there is a lot of price divergence among Australia’s capital cities.

The median property value in Sydney is currently sitting at $1,191,955, while in Darwin, it’s $496,871.

Property prices soared 19.1% in Perth in 2024, 13.1% in Adelaide and 11.2% in Brisbane. Meanwhile, Melbourne’s prices dropped -3.0%, Hobart saw prices fall -0.6% and prices dropped -0.4% in the ACT.

If your New Year’s resolution is to purchase a home or investment property in 2025, get in touch to run through your borrowing power and organise pre-approval on your finance.