The Federal Budget has now been delivered and it included a number of significant announcements affecting property owners, particularly investors.
In the lead-up to the budget, we felt a degree of hesitation in the residential market. This wasn’t driven by one factor alone, but rather a combination of influences: ongoing global uncertainty, cost of living increases, interest rate increases and the anticipation of potential policy changes within the budget itself.
While the announcements include several adjustments to tax settings for investment properties, the majority of these changes are targeted at investors, not owner-occupiers.
For owner-occupiers, the fundamentals remain unchanged. Your principal place of residence continues to offer a unique position: an opportunity to invest in your own home, enhance its value over time and benefit from capital growth that remains tax-free under current settings. This remains one of the most compelling long-term advantages in property.
From what we are seeing on the ground, activity is continuing to build. This week alone, we’ve seen strong momentum across our listings, with our team successfully negotiating contracts for eight properties, including two off-market sales.
It’s a clear indication that buyers are continuing to move forward with their plans, particularly when it comes to securing their next home.
If you’re considering your next move, we welcome a confidential conversation tailored to your needs. We’re here to help
