
Monthly Property News 2nd Edition 2025.
“It’s the year 2020 Thrive”
Hi everyone, I’m Jason Mudford from OBrien Corporate with the second edition of the property news for 2025.
Property pundits are on the edge of their seats with the hope an interest rate cut will come on February 18 when Reserve Bank expects to make its announcement. According to Ratetracker on the ASX Securities website with tracks the probability of interest rates being cut has gone from 73% to 95% over the course of the last two weeks.
Inflation figures announced last Wednesday has the rate of inflation now sitting at 2.4%, comfortably within the band width of the 2 to 3% target for the Reserve Bank. Building approvals were released on Feb 3 and total approvals were up 0.7% nationally, with NSW having a 19.1% jump in their approvals, and Victoria sadly falling 11.7%.
The home price numbers for the month of January as reported by Corelogic saw three of the eight capital cities around the country have a decline in their median home prices. Melbourne was again one of those three with a 0.6% drop in prices, the other capital cities to suffer a decline was Sydney with 0.4%, and Canberra with 0.5%. On the positive side of the coin, the best performers were again Adelaide with 0.7% growth, closely followed by Perth and Brisbane. Over a rolling 12-month basis, Perth leads the pack with growth at 17.1%, Adelaide with 12.7% and Brisbane with 10.4%.
Melbourne as a major city is tracking 3.3% down across all dwelling types over the course of the last 12 months. From a Regional Victoria perspective there was negative growth of 1.9% over the course of the 12 months.

What’s interesting to note is CoreLogic data shows that national rents grew by 4.8% over 2024 calendar year compared to 8.1% in 2023 and 9.5% in 2022. In Victoria, rents increased a modest 4.1% with the median rent being $604 a week. For the month of January, we saw rental price increases drop again to 3.5% for houses and 3.8% for units. Yields though for investors is increasing due to the home price declines.

Melbourne must be is the best value market to be buying and investing in within Australia. The upside over the course of the next 12 years must be better than any other state or territory when you look at the suppression Melbourne has had in home prices over the last 4 years.
Remember the information provided is of a general nature, you should always seek independent legal, financial, taxation or other advice in relation to your unique circumstances.
Check out our website for:
Scheduled Auctions
This Week’s Opens
Our Suburb Reports