This graph shows two scenarios for Real Estate prices in 2025.

Louis Christopher from SQM Research, has also given a couple of other scenarios.

These two illustrate what will happen with the rate cut and what will happen without a rate cut.

How things have changed! Once Sydney and Melbourne were the runaway markets but not for 2025 (if this is right).

The winners look like they’re going to be Perth, Brisbane and Adelaide.

As for real estate agents, price growth has very little to do with an agent’s income.

Real estate is a VOLUME business. A real estate agent will make more money if there are 10 listings with one buyer per listing than 3 listings with 10 buyers per listing.

This explains why Sydney and Melbourne have been very challenging in recent times, yet real estate agents and many of my Real Estate Gym members have reported record months in recent times. For agents, profit is a volume business.

There is no such thing as a bad market for an agent. The market is either good for the vendor or good for the buyer. If you are a real estate agent and you have a solid listing presentation, you know how to get vendors to accept the reality of the market, and know how to put a deal together versus taking orders, life is always good!