Global and local uncertainty continues to dominate headlines. The reality is, no one can predict with certainty how the near-future outlook or current geopolitical tensions will unfold. Markets don’t move in straight lines and periods like this naturally create hesitation and reassessment among both sellers and buyers. For those more sensitive to interest rates, the current inflationary environment is a timely reminder to review borrowing capacity, cash flow and the strength of financial buffers, factors that are more important now than they have been in recent years. For others less impacted by rate movements, uncertainty can present opportunity. Reduced confidence often means reduced competition and locally we’ve seen housing supply fall by approximately 40% over the past six months. This has created a clear divide in behaviour. Some are choosing to wait for greater clarity, while others are acting decisively. There is no single “right” approach, only what aligns with individual circumstances, risk tolerance and long-term objectives. As always, the focus should remain on making informed, balanced decisions. National Market Update Australia entered 2026 on a positive note, though recent global events and interest rate increases may temper momentum. Housing values rose 2.1% over the past quarter and 9.9% annually. Rental conditions remain tight, with vacancy at 1.5%, pushing rents up 5.5% over the past year. Gross yields are averaging 3.6%, with variation across markets. Centenary Market Snapshot The year began strongly, with momentum from late 2025 continuing into early 2026. The sub-$1M market remains highly competitive, with demand far exceeding supply. Homes within 15km of the CBD up to the mid-$2M range are also experiencing strong competition, while higher-priced properties are also transacting within reasonable timeframes. Suburbs across 4073 and 4074 have recorded 10%+ growth over the past 12 months, with continued buyer confidence. What We’re Expecting in the Months Ahead Stock levels remain constrained, with many pre-approved buyers struggling to secure property. 2032 Olympics infrastructure is expected to place further pressure on construction costs, while zoning changes near key hubs may create future development opportunities. Renovated homes and larger land holdings are expected to perform strongest. Rental demand remains extremely high across 4073 and 4074, with strong enquiry levels and consistent turnout at inspections. More broadly, South East Queensland’s ongoing housing undersupply – estimated at around 40,000 fewer homes delivered annually than required - will continue to underpin demand and support long-term growth. Steven Kremer Director Ray White Centenary 2026 SUMMER UPDATE
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