First National Property Magazine April 2025

Page 1


Front Cover: 27 Beaumont Road, Berwick
Inside Cover: 27 Beaumont Road, Berwick

04

SELL BEFORE YOU BUY, BUY BEFORE YOU SELL…

25

KEY TRENDS FOR RENTAL PROVIDERS IN 2025

24

LEASED IN MARCH Leasing Statistics For March 2025

SELL BEFORE YOU BUY, BUY BEFORE YOU SELL…

When selling your home, you will want to plan every step carefully. Once you have decided to sell, you’ll need to work out the timing of the sale, based upon your personal circumstances. Let’s have a look at your options.

1.

SELL YOUR CURRENT PROPERTY BEFORE BUYING THE NEXT

Positives:

• Eliminates time pressure with your sale.

• No need for bridging finance.

• You’ll know exactly how much you can afford to spend on your next home.

Negatives:

• You may need rental accommodation if you can’t find your next property before settlement.

• Property prices may rise while you are looking for your next home.

2.

BUY YOUR NEW PROPERTY, THEN SELL YOUR CURRENT HOME

Positives:

• The cost and inconvenience of renting and moving twice is eliminated.

• The pressure to buy a property that is an unsuitable compromise is eliminated.

Negatives:

• You don’t know the price you’ll achieve, or how long it will take to sell your existing home.

• You may experience additional financial pressure.

3.

BUY AND SELL AT THE SAME TIME

Positives:

• If you can time the buying and selling process perfectly, this is a great option.

• The best position to aim for is that the purchase of your new home settles on the same day as the sale of your current home. Whichever option you consider, give careful consideration to your financial circumstances.

RANGING IN SIZE FROM 4m² - 34m²

Solutions for all your storage needs.

Competitive Rates

Short or long term leases available

Modern, clean units

24 hour video surveillance

Easy access

100 Enterprise Avenue, Berwick

LEASED IN MARCH

WARREN

BOSCO CLOSE $560PW 3 / 1 / 2 CLYDE NORTH

ALLAN CLOSE $ 590PW

/ 2 / 2

BENTLEY LANE $550PW 3 / 2 / 1

/ 2 / 2

1.87%19,035174

AVERAGE VACANCY RATE ONLINE VIEWS APPLICATIONS RECEIVED

CLYDE
NARRE
PAKENHAM

KEY TRENDS FOR RENTAL PROVIDERS IN 2025

The Australian rental market is shifting in 2025, requiring property owners and investors to adapt. Insights from CoreLogic’s Housing Value Index reveal key trends in rental growth, supply constraints, and investment strategies.

Slower Rental Growth but Strong Demand

Rental prices have surged in recent years, though the pace of growth has slowed. January saw a modest 0.4% increase in national rents, reflecting affordability concerns and supply constraints. However, annual rental growth remains at 4.4%, more than double the pre-pandemic average of 2.0%. Sydney and Melbourne’s unit rental prices have plateaued, while regional markets still face strong demand and supply shortages.

Interest Rates and Mortgage Costs

Investors may see some relief with anticipated interest rate cuts in 2025. Lower borrowing costs

could stabilise cash flow, but the transition will be gradual. Rental providers should plan for sustained mortgage expenses while navigating the evolving market.

Supply Challenges and Vacancy Rates

Housing supply remains a pressing issue, with construction delays, rising material costs, and labour shortages limiting new stock. Despite a slight rise in dwelling approvals, vacancy rates remain historically low, keeping upward pressure on rents. While some cities see increased rental listings, others, such as Perth and Adelaide, maintain tight markets with rising prices.

Strategies for Success

To remain competitive, rental providers must balance rental income with affordability concerns. Sustainable upgrades, such as solar panels and energy-efficient systems, are becoming increasingly attractive to renters while boosting property value.

With strong demand and limited supply shaping the market, investors who stay informed and manage their properties effectively will be well-positioned for success in 2025.

NARRE WARREN
BERWICK PAKENHAM

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