13/03/2025
Ray White Now - March Edition
Australian property prices continue to demonstrate resilience with modest monthly growth across February 2025. The recent interest rate cut by the Reserve Bank of Australia marks a significant shift in monetary policy, potentially signalling a more favourable environment for property market activity in the coming months.
The capital city housing market continues to show varied performance across Australia’s major cities, with Perth maintaining its position as the standout performer. Brisbane has firmly established itself as a million-dollar city, with its median of $1,012,334 reflecting a 0.2 per cent monthly gain and 8.8 per cent annual growth.
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