In a move that surprised many, the Reserve Bank of Australia has held the official cash rate steady at 3.85%. The board is taking a cautious stance, waiting for clearer signs that inflation is heading sustainably toward its 2.5% target before making its next move on August 12. All eyes are now on global and domestic developments that could shape what happens next.

Overall, Australia’s residential real estate market remains firm. Cotality revealed the total value of housing nationwide held steady at $11.5 trillion at the end of June, accompanied by a 1.4% lift in home values in the June quarter and a 3.4% increase for the 24-25 financial year. Additionally, the report states properties are taking longer to sell, with median days on market rising to 35 – up from 29 this time last year. New listings have dropped to their lowest June level since 2020, with just 32,970 properties hitting the market over the four weeks to June 29. For sellers, this creates favourable conditions to achieve strong results; for buyers, it highlights the importance of being prepared to act quickly when the right opportunity arises.

Steady, sustainable growth has also seen Brisbane step out from the shadows of Sydney and Melbourne to become a leading property market. With rising population, expanding infrastructure, and the 2032 Olympics ahead, the city offers investors a unique combination of affordability, capital growth, and rental yield.

Buyer interest across the Noosa Hinterland is as strong as ever too. Over the past year, we have welcomed 2,754 buyer groups through 733 opens, plus carried out 662 private viewings. Many successful purchasers are finding their dream home through our Hinternoosa buyer database (34%), online portals (30%) or open homes (20%). Interestingly, over the last year 87% of our ultimate buyers are Queenslanders, mostly from the Sunshine Coast, Noosa Beachside and Tewantin (35% combined), plus right here in the Noosa Hinterland (27%).

With fewer homes available, we are working closely with buyers to help them find the right fit, resulting in three off-market sales last month alone. Auctions have proven successful too, with 100% of this year’s Hinternoosa auctions sold either under the hammer or after auction. Our most recent auction – 22 Cordwood Dr, Cooroy – attracted spirited bidding, securing an impressive $1,060,000 result.

In a tightening market, the right guidance makes all the difference. At Hinternoosa, our local insight, proven strategies and genuine regard for our community will ensure your next move is navigated with confidence, care and clarity.