Anthony McCormack - Real Estate

Anthony McCormack - Real Estate Director & Sales Agent at Momentum Property

12/02/2026

An elevated sanctuary of space, views and limitless possibilities. 🏡🌿

3 Bainton Place, Melba
Auction on site, Saturday 14 March at 1.45pm

17/06/2025

📣MARKET WRAP 🏡 Despite some chatter suggesting a slow or quiet market, the numbers tell a different story. Properties are averaging just 24–25 days on market, with strong buyer interest reflected in nearly 40 groups attending open home campaigns. It’s a balanced environment where the right strategy, accurate pricing, and clear communication are key. With the Reserve Bank’s second rate cut in three meetings and inflation within target, we’re seeing renewed energy and confidence in the market, setting the stage for steady activity and potential price growth in the months ahead.

20/05/2025

📣 MARKET WRAP 📣

In this month’s update, we reflect on Labor’s landslide re-election victory and its potential long-term impact on the property market. April saw a third consecutive month of growth in national home values, with an approx. 0.3% rise adding nearly $3,000 to the median dwelling value. Gains were seen across all capital cities, though momentum has slowed, with the annual growth rate now just over 3%—the slowest since August 2023.

A February rate cut initially lifted market sentiment, but recent uncertainty around global tariffs and the federal election saw buyer and seller activity soften. While values remain steady, listings and sales volumes were impacted by seasonal holidays. Looking ahead, further interest rate decisions and cost-of-living pressures will be key in shaping the market’s direction. 🏡

Thanks for watching! 👋🏽

11/04/2025

📣 Welcome to this month’s Market Wrap!

In this edition, we take a look at the recent movements in the property market, driven largely by the Reserve Bank of Australia’s interest rate cut in February. With Sydney and Melbourne leading the charge, home values are beginning to bounce back — and Canberra may not be far behind. We also touch on what future rate cuts could mean for buyer confidence, the latest federal budget highlights, and what the upcoming election could mean for the housing market. 🏡

24/02/2025

Welcome to the first Market Wrap of 2025! 📣

The market has kicked off the year with great energy. January gave us a glimpse of what to expect in 2025, including a successful first-ever Hayman Partners “Big Call” in-room auction event. 7 properties sold before the event, with 18 properties going to auction on the night and a strong clearance rate of 73%.

Looking ahead, economic changes are shaping the market. Inflation and overseas migration are easing, and the RBA cash rate has now dropped, though the impact on housing values may be limited. Lending policies and rising unemployment could also play a role in how the market plays out this year. While housing values and transactions may see some boost from lower interest rates, affordability challenges remain due to high property prices.

I look forward to keeping you informed with market conditions throughout the year. 🏡

18/11/2024

📣 Market Wrap 🏡

It’s been an eventful time in the Canberra real estate market, and with the tightening market conditions, it’s the perfect moment to talk finance. Thanks for watching—more updates next month! 👋🏽

So proud of my amazing team for achieving incredible results! 🏆✨ We’ve officially ranked #2 for most properties sold in...
16/11/2024

So proud of my amazing team for achieving incredible results! 🏆✨ We’ve officially ranked #2 for most properties sold in the ACT and #3 for total value sales! This milestone is a testament to their hard work, dedication, and passion for delivering the best for our clients. Couldn’t ask for a better team to be a part of. Here’s to more success and continuing to raise the bar! 🚀 .realestate

29/10/2024

📣MARKET WRAP 🏡

This month, we’re diving into the latest trends in our local and national real estate markets.

Notably, August saw a record high in the number of Australian suburbs with median house or unit values exceeding $1 million, now reaching nearly 30%. This marks a significant increase from 22% earlier this year, reflecting rising values and growing affordability challenges.

Despite this surge, the national growth rate has slowed, dropping from 2.0% to 1.3% over recent months, with varying conditions across regions. In Canberra, just one unit market and 45 house markets joined the million-dollar club, while overall dwelling values rose only 1.5% year-on-year.

Locally, we’re observing a shift towards a buyers’ market, particularly affecting units and apartments due to increased supply. Houses on busier roads or with less desirable features are also seeing slower interest from buyers.

As we head towards Christmas, these trends are worth monitoring. Stay tuned for more updates next month! 👋🏽

Congratulations to Richard & Alexandra on their purchase in Denman Prospect! 👏🏽🥂🍾 They love the area so much, they're mo...
24/08/2024

Congratulations to Richard & Alexandra on their purchase in Denman Prospect! 👏🏽🥂🍾 They love the area so much, they're moving from just down the street 🧡

Had an incredible time in Fiji recently with the team for our HP Conference 🌴☀️ Great to recharge before the spring rush...
05/08/2024

Had an incredible time in Fiji recently with the team for our HP Conference 🌴☀️ Great to recharge before the spring rush.

Address

31 Brierly Street, Weston
Canberra, ACT
2611

Telephone

+61425283588

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