Rate cut... What rate cut?

Despite widespread expectations of a rate cut, the RBA held the cash rate steady—asserting its independence and surprising major banks and media commentators alike. The key takeaway? Don’t base your next move on headlines alone. Traditional economic models are losing relevance in a rapidly evolving landscape where past patterns no longer hold.

While the RBA’s decision to keep the cash rate at 3.85% may have caught some homeowners off guard, overall market sentiment remains strong. Sydney’s auction clearance rate was 66.8% as of June 30, reflecting continued confidence among buyers. We anticipate this positive momentum will carry through the warmer months.

A standout recent result: Krys Drysdale and Jacque Parker sold 28 Aeolus Street, Ryde for $3,400,000—an impressive $450,000 above reserve. Notably, the result eclipsed a similar sale across the street by $700,000. Both properties are duplex sites with no easements, highlighting that simply being a local agent isn’t enough. With proven processes and cutting-edge systems, James Avenue demonstrated once again that choosing the right agency can make all the difference.

Just listed: 14/20 Innes Road, Greenwich – a true gem. For more details, please contact Krys Drysdale or visit:
🔗 https://jamesavenue.com.au/131/14-20-innes-road-greenwich