Interest Rates and Affordability - With interest rate cuts expected, borrowing capacity may improve, offering relief to mortgage holders and first-time buyers. However, affordability challenges will persist, particularly in high-demand areas where property values remain elevated.

Regional Market Strength - The shift towards regional living continues, fuelled by hybrid work arrangements and affordability advantages. While growth in these areas is slowing, demand remains steady, particularly in well-connected regions.

Sustainability and Energy Efficiency - Homebuyers are prioritising eco-friendly features, with energy-efficient homes commanding higher prices. Government incentives and evolving building standards will further drive this shift towards greener properties.

Housing Supply Constraints - Despite an increase in dwelling approvals, high construction costs and supply chain delays are limiting new housing stock. This imbalance may keep pressure on prices, especially in undersupplied locations.