
by Sirah Robb
May Market Wrap with Sirah
For the third consecutive month, we’ve seen a national increase in home values, pushing Australian property prices to a new record high. Although just a modest 0.3% rise, it’s a positive result, especially in a period distracted by multiple public holidays and the federal election. Now that these events are behind us, all eyes are on the Reserve Bank of Australia. With the next meeting scheduled for 20 May 2025, there’s growing speculation around a potential rate cut – news that could significantly boost buyer confidence and borrowing power.
Cotality’s latest Monthly Housing report has also been released, revealing that the country’s outer suburban areas are leading the way in capital growth. Driven by greater affordability, lifestyle appeal, and improving infrastructure, these suburbs are increasingly attractive to first-home buyers and investors. Post-pandemic lifestyle shifts have fuelled demand for larger homes and greener spaces, while upgraded transport and local amenities are adding to the appeal. Regional markets are also proving resilient, signalling a broader shift in buyer preferences and positioning outer suburbs as key growth areas to watch.
Across the state, home prices have jumped by as much as 22% according to the latest PropTrack figures. We’ve witnessed Brisbane quietly step out from the shadows of Sydney and Melbourne to establish itself as a serious contender in Australia’s property market.
While the southern capitals often dominate the headlines, the Queensland capital has been delivering impressive growth - and it’s showing no signs of slowing down.
Locally, Hinternoosa continues to achieve impressive results for our clients. This commitment to securing top dollar and reducing days on the market has made us the number one sales office across multiple markets. Hinternoosa clients with homes in suburbs from Cooroy to Tewantin are selling for between 13 – 23% more than the market average, and we’re achieving sales up to 66% faster than competitors. This means that not only can our sellers expect more profitable outcomes, but they will benefit from a quicker, more efficient sales process with our Hinternoosa strategies.
If you’re considering making a move or are simply curious about your property’s current value, we’re here to help. At Hinternoosa, we offer local expertise backed by genuine care and integrity – and it is why we consistently work with the largest volume of buyers and sellers in the region. Whether you’re buying, selling or simply exploring your options, we’d love to be part of your journey in this remarkable region we’re proud to call home.