Pete Wargent blogspot

PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Tuesday, 15 July 2025

Cautious RBA sets the tone for property in 2025

ausbiz TV

I joined Andrew at ausbiz TV to talk through the latest property news, including from the Westpac consumer sentiment survey, which was released earlier today.

Tune in here (or click on the image below):


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In other news, it was the strongest May on record for net permanent and long-term arrivals into Australia (it's normally a fairly quiet time of year, but net arrivals were +33,230).

Over the year to May, net permanent and long-term arrivals have picked up some steam of late to +447,620. 

This is down from the all-time high of +498,270 in February 2024, but still historically a very strong number.


Despite this, rental vacancy rates lifted slightly from 1.2 per cent to 1.3 per cent in June, according to SQM Research. 


SQM's interpretation is that many of the capital cities remain under chronic rental pressures, despite the seasonal lift.

The acid test will be what happens when we move into the warmer summer months. 

You can read SQM's media release here.

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