The Future Looks Bright

The property market experienced a quieter week recently, as the federal election dominated headlines and drew focus away from active buyers. Open homes across Sydney—including those managed by the James Avenue team—were relatively subdued, and auction activity also mirrored this slower pace.

Now that the election is behind us, we're entering a new phase. The market is beginning to reset, and attention is turning to the next key moment: the RBA’s upcoming interest rate decision on May 20.

In response to Labor’s victory, NAB has released a bullish outlook—predicting up to four rate cuts by August, including a significant 50 basis point cut this month. If these forecasts come to pass, they could bring renewed strength to property prices and encourage more buyer engagement.

As we approach the cooler months, we expect listing volumes to ease. This seasonal adjustment should help stabilise supply and demand, which is encouraging for both sales and rentals. At James Avenue, we continue to see solid interest in the rental market—tenant engagement is strong, leasing remains active, and well-presented properties are attracting quality applicants.

Although the property market is never without surprises, the current outlook is more optimistic than we’ve seen in some time. If rate cuts materialise and confidence continues to build, we believe the months ahead could be a real opportunity for property owners and investors alike.

As always, we’ll keep you informed with the latest developments. Feel free to reach out if you’d like to chat about how these shifts might impact your investment.