March Quarterly Market Review
As we close out the first quarter, it's clear that the tone for the year ahead has been set – and we’re pleased to say that tone is stability.
Across Goulburn where our sales agency operates, as well as within our organisation-wide property management division, we’ve observed consistent trends in pricing, buyer interest, and transaction volume.
Starting with recent sales activity, property prices achieved since Christmas have remained largely on par with values at the end of 2024. This level of price stability comes as no surprise, following several years of growth across many regions of New South Wales.
Will this stability continue? The best answer we can offer for now is possibly. While affordability challenges may put a ceiling on further price rises, demand for quality property remains at an all-time high – while supply continues to fall well short.
New listing volumes have also remained relatively stable compared to late last year. That said, the first quarter is historically a quieter period for new listings. For the savvy seller, this creates opportunity – demand remains strong, while competition from other properties temporarily eases.
Regardless of the broader market commentary, one truth in real estate always holds: there will always be strong demand for good property. If you're considering selling, don't become overwhelmed trying to pinpoint the "perfect" time. Instead, focus your energy on selecting an agent who will truly represent you and your property the right way.
At Goulburn First National Real Estate, we’re committed to providing expert guidance to help you navigate your property decisions in 2025. Whether you're buying, selling, or investing, our team is ready to assist.
