Economists suggest we can expect to see rising activity in the Melbourne and Sydney property markets this year, prompted by anticipated interest rate cuts.
Based on the likelihood of multiple rate cuts by the Reserve Bank of Australia throughout 2025, brokers are predicting a boom in Sydney and Melbourne’s property markets with renewed buyer interest across the inner to middle city suburbs.
Rate cuts are easing the pressure on borrowers, stimulating investment with capital city markets set to respond first.
But while Sydney and Melbourne are flagged as the quick responders to further interest rate cuts, experts suggest the Perth and Brisbane bubbles may have burst, as those markets that have already seen strong growth in the past couple of years.
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