Darwon's Theory | A Post-Election Primer
As 2024 draws to a close, all eyes are on what the new year will bring for the Brisbane property market. Now that the state election is in the rearview, it’s time for both buyers and sellers to sharpen their strategies. Historically, elections create a short-term pause in market activity, but what happens next could define your real estate success in the years ahead. Let’s dive into the data.
Elections bring about a sense of uncertainty. Buyers and sellers alike tend to hesitate, waiting to see how policy decisions and public sentiment will unfold. But once the votes are counted, the market doesn’t just stabilise - it surges. If history repeats itself, we could see a double-digit spike in property sales in the quarter following the election, with volumes potentially rising 10 to 15 per cent.
There’s been a strong bounce-back after the last three Queensland state elections, irrespective of the winning party. For sellers, this surge in buyer activity could be the perfect time to list your property. It signals a competitive environment for buyers where timing and preparation will be critical.
The local market has been on an upward trajectory for some time and, while the incredible post-covid levels of growth have tampered slightly, it’s reflective of a market finding its rhythm amid broader economic adjustments. This steadiness is a hallmark of Brisbane’s property market resilience and suggests that 2025 will bring continued, if more measured, gains. For buyers, this means the window for securing property before further price increases is still open. For sellers (especially those selling in order to upsize), it reinforces the value of Brisbane real estate as a reliable asset.
And for investors, the cyclical nature of regional markets and Brisbane’s strategic positioning ahead of the 2032 Olympics offer exciting opportunities. With infrastructure projects ramping up and population shifts well underway, strategic investments in Brisbane could unlock long-term value. Borderless investing - diversifying portfolios across different markets - remains a smart play, especially as Brisbane continues to benefit from strong migration trends and growing economic opportunities.
Across the board, the year ahead is about leveraging these market conditions. Whether you’re thinking of upsizing, downsizing, or selling, understanding the market cycles and timing them to your personal advantage will be crucial to achieving the best possible result.
Brisbane’s real estate market has proven time and again its ability to weather uncertainty and emerge stronger. If you’re planning your next property move, now is the time to start the conversation. Let’s talk strategy - give me a call to discuss how you can get on the front foot for 2025.
Cheers,
S.D.