PROPTRACK have advised interest rate cuts had already boosted sentiment, with Westpac’s latest consumer sentiment survey detailing a lift in consumer house price expectations – up 6.5% in February 2025, which is the first rise since October 2024.Sydney has historically seen the strongest post-rate cut increase, with average monthly price growth of 1.2% and quarterly growth of 4.1%. Melbourne follows closely with 0.7% monthly growth and 2.6% quarterly growth following the first rate cut.
At Strategic Buyers Agents we expect some growth in prices for now , but real growth after June, if there is another cut.