Asciential Insights MAY 2025
- peterward4
- May 2
- 2 min read
In this edition
Perth's Immunity to Current Global Influences
Market Turmoil Fuels Property Investment Surge
Victoria's Bold Leap: Pro-Property Planning Reforms
Inflation Down. What's Next For Interest Rates?
Proptrack Home Price Index results - April 2025
Off the property track...
Perth's Immunity to Current Global Influences
Despite global economic uncertainties, Perth's property market remains resilient, with dwelling values surging over 75% since 2020. Factors like strong migration, relative affordability, and major infrastructure projects continue to drive demand and price growth across the city.
Market Turmoil Fuels Property Investment Surge
Amidst recent volatility in global share markets, investors are turning to property as a safer investment option. Speculation about a potential double interest rate cut in May has further intensified this shift, highlighting the interconnectedness of financial markets and the property sector.
Victoria's Bold Leap: Pro-Property Planning Reforms
Victoria has unveiled its ambitious "Plan for Victoria," aiming to deliver 2.24 million homes by 2051 through strategic planning reforms. Key initiatives include promoting urban infill, managing regional sprawl, and enhancing accountability in planning outcomes.
Inflation Down: What's Next For Interest Rates?
Inflation has returned to the Reserve Bank of Australia’s target range of 2–3% for the first time in four years, with the trimmed mean inflation rate sitting at 2.9% for the March quarter. This marks a potential turning point for interest rates, with some commentators forecasting a 0.25% cut—or even as much as 0.5%—at the RBA’s monthly meeting next week.
All welcome news for property investors.
PropTrack Home Price Index results - April 2025
Off the property track...
This month, from Visual Capitalist: