Trusted Property Management

The recent OCR cut has led to a marginally more positive economic outlook, with consumer spending intentions improving and businesses showing cautious optimism about future revenues. However, actual boosts in spending and hiring are likely to remain constrained by a weak labor market and employment insecurity. For the housing market, while prices have stabilized and are showing slight increases, a strong, immediate boom is not anticipated due to ongoing labor market challenges and investor-related restraints.

The current softer property market, with national values down, presents opportunities for both investors and first-home buyers. For investors, it’s a chance to acquire properties at more favorable prices, benefiting from lower mortgage rates without aggressive bidding. First-home buyers can also take advantage of increased affordability and less competition, with modest value increases anticipated from 2026.