Is the property market nearing a bottom? Brisbane, Perth and the signals to watch

Are Brisbane and Perth nearing a bottom? Pete and Chris examine listings, borrowing conditions and the signs to watch in your local market.

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About this episode

Are Australian property prices nearing a bottom—or is the harder part of the downturn still ahead? In this Australian Property Podcast episode, Pete Wargent and Chris Bates compare what they are seeing on the ground with the latest housing, lending and employment reports. Brisbane and Perth are in focus, but the answer may look different across cities and price brackets.

Pete and Chris start with a spring selling season that has not brought the usual rush of new listings. They discuss softer new-home inquiries, the pressures facing smaller developers and a housing pipeline that may look plentiful in the near term yet thinner further out. Chris explains why a buyer who wants to refinance should understand their options before a change in work or borrowing capacity makes that harder.

They then ask whether bond yields and interest-rate expectations could signal a turn for property. Pete explores the possibility of a market bottom, while both hosts are careful about how difficult it is to identify one in real time. A fall in prices can mean different things for an investor, a first home buyer or someone selling one home to buy another.

Listener questions bring the discussion back to practical signals: days on market, local sales, clearance rates, affordability, borrowing conditions and whether good properties start moving again. Chris argues that watching your own suburb can reveal a shift before a national headline does. It is a useful framework for thinking about the next property cycle, not a promise about where prices go next.

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