Episode 94: Spring Market Begins – Rain Delays, Rate Cuts & Rising Buyer Demand

Hosts Ciaran O'Brien and Peter O'Malley analyse the opening weeks of Sydney’s spring property season. Relentless rain has delayed listings, while three recent rate cuts have eased mortgage stress and reduced urgency for some sellers. Despite fewer properties on the market, conditions are strengthening with clearance rates notably higher than last year.

We also discuss:

• The three distinct phases of Sydney’s spring market:
   • Mid-August to end of September
   • October long weekend to early November
   • Melbourne Cup Day to mid-December
• Tradespeople in high demand, many booked until 2025, slowing property preparations
• Current market indicators showing rising prices, stronger buyer inquiries, and shorter days on market
• First home buyer incentives beginning October 1st — yet to significantly affect buyer behaviour
• Global inflationary pressures limiting likelihood of further RBA cuts this year
• Signs of buyer regret as some realise they missed the bottom of the property cycle

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