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[NEW VIDEO]: Australian Banks Prepare To Slash Interest Rates! What This Means For Property Investors in 2025

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.

Dear Fellow Property Investor,

A Reserve Bank rate cut on 20 May appears locked in as new data shows the key measure of underlying inflation has dropped below 3% for the first time in three years. 

Headline inflation – which includes the impact of government cost-of-living policies such as rebates – held steady at 2.4% in the year to March, the Australian Bureau of Statistics figures show. 

Crucially, the RBA’s preferred gauge – the trimmed mean rate of inflation – fell from 3.3% in the year to December to 2.9% in March. 

Jim Chalmers told a Wednesday press conference the latest figures were “a powerful demonstration of the progress that Australians have made together in the economy”.

With an eye to Saturday’s election, the treasurer highlighted that “the market is expecting somewhere between four and five additional interest rate cuts this year, and if that eventuated that would deliver hundreds of dollars every month to Australians with a mortgage”. 

“I’m not making a prediction about that, but the market has a very firm view that there are more interest rate cuts on the way, and I don’t see anything in these numbers that would substantially alter their expectations,” Chalmers said. 

The RBA in February cut rates for the first time in four years, and there is a firm consensus among economists and investors that the central bank’s monetary policy board will lower the cash rate from 4.1% to 3.85% at the next two-day meeting on 19-20 May. 

The Australian Bureau of Statistics (ABS) said a 3.2% annual increase in the cost of food and non-alcoholic beverages (essentially supermarket items) was a main contributor to overall inflation in the year to March, alongside a 6.5% rise in alcohol and tobacco prices. 

Housing costs are still a major driver of inflation, the data shows. 

Average rental costs were up 5.5% on a year earlier, even if the trend was favourable: they climbed 6.4% in the year to December and were rising by nearly 8% this time in 2024.

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.

Home prices surged 6.8% in Melbourne

Dear Fellow Property Investor,

The average asking price of a home in Australia continued to rise in the fourth quarter, while data elsewhere pointed towards a fall in new home sales. 

An index measuring the weighted average of prices for established houses in the eight capital cities increased 5.2% quarter-on-quarter in the October to December period, after the upwardly revised 4.4% rise in the previous quarter, the Australian Bureau of Statistics reported on Monday. Economists were looking for a 4% quarterly gain. 

Home prices surged 6.8% in Melbourne, while prices in Sydney and Perth increased 5% and 5.7%, respectively. House prices were also up in Brisbane, Adelaide, Canberra, Hobart and Darwin. 

On a yearly basis, home prices increased 13.6% in the fourth quarter - again exceeding expectations for a 11% gain after the 6.6% rise in the third quarter. 

But separate data released today showed that new home sales fell sharply in December as interest rates rose and the impact from the first home owner boost continued to wane. 

The Housing Industry Association (HIA) announced new home sales in Australia were down 4.6% month-on-month in December. Detached new home sales fell 6.2%, while the volatile apartment sector saw a 10.4% surge in sales. 

Harley Dale, chief economist at HIA, said the result was not a surprise given the impact of stimulus from first time buyer-related activity was receding. He added there was little evidence that existing home owners were choosing to trade up so as to kickstart a new home building cycle. 

Meanwhile, a gauge measuring inflation in Australia showed an increase of 0.8% in January compared to the previous month, a report from TD Securities and Melbourne Institute showed, representing the largest increase in six months. It follows a 0.3% increase in December.

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.

Dear Fellow Property Investor,

Victorian government unveils 25 more areas where it wants to add high-rise living.

The Victorian government has named 25 more Melbourne areas where it plans to "shake up" planning rules to increase high-rise housing.

The locations — centred around tram and train stations — have been unveiled in addition to 25 locations announced in October, in the government's latest plan to address housing supply and affordability.

Another 10 activity centres were part of an earlier pilot program, meaning there are 60 locations in total slated for fast-tracked high-rise development.

More than half of the new locations for housing "infill" in the form of increased high-rise development are in Melbourne's inner and outer south-east, along the Cranbourne/Pakenham, Frankston, Glen Waverley, Sandringham and Alamein train lines.

The remainder of new locations are in train and tram zones such as Heidelberg, Coburg, Brunswick, Thornbury and Kew.

The government claims the widespread planning reforms will lead to more than 300,000 new homes.

"It just makes sense to build more homes close to these stations, close to these existing services," Premier Jacinta Allan said on Thursday while visiting Noble Park, which is among the new locations.

Ms Allan said it was not enough to just build more homes, but to achieve that "we need to also shake up the planning system".

Other recent state government housing announcements include increasing building height limits in 10 Melbourne hubs, building more townhouses and decreasing housing targets for some areas.

Ms Allan said housing density would be higher in the central area around public transport hubs, then gently decrease "as you move away from the core". 

Government says it will listen to councils and community;

Planning minister Sonya Kilkenny said all locations identified by the government for housing infill would be treated differently, drawing on councils' existing strategic work as well as community consultation.

"I want to hear from the community because your voices matter," she said.

"We want to hear from you and we're listening."

Community consultation on the first 25 locations is set to commence in April, with the next 25 to follow later this year.

"We hope to be able to have new planning rules in place for all 60 centres by early next year," Ms Kilkenny said.

"This is about developing planning rules for the next 10, 20, 30 years so that community has certainty and industry has certainty about where homes can go."

Greater Dandenong Mayor Jim Memeti backed the premier and planning minister as they announced the planning reforms in his area.

"If it means more housing and it's in the right spot then we support it absolutely," he said.

Opposition claims housing plan will threaten beloved neighbourhoods;

Liberal MP Richard Riordan labelled the government's plans for 60 housing density zones in metropolitan Melbourne as "further destruction of what Melbourne cherishes most".

"This is not a solution for the housing crisis in Victoria," the Opposition spokesperson for housing said.

"Geelong, Ballarat, Bendigo, regional Victoria — not mentioned once as a solution for the housing crisis," he said.

"Quite frankly, the war against developers, the war against home owners continues here in Victoria."

He said Victorian developers and home owners had to deal with high taxes and over-regulation, discouraging development.

"We are simply not doing enough to encourage the market to build the homes that Victorians want," he said.

He said the latest plans would put "fear" into home owners and tenants about their neighbourhood changing.

"It says to them, the city, the neighbourhood, the community that you have loved ... is now under threat and will not be the same into the future."

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.

Dear Fellow Property Investor,

RE: List of suburbs shows where house prices are set to SOAR in Sydney and Melbourne when Commonwealth Bank, Westpac prediction occurs

House prices will surge by close to 20 per cent in inner-city Sydney and Melbourne if the Reserve Bank slashes interest rates four times this year, as the major banks are forecasting.

The Commonwealth Bank and Westpac both predict the RBA will trim rates significantly in 2025 - a forecast that real estate data group CoreLogic expects will spark a boom in property prices in a cluster of suburbs in Australia's biggest cities.

Lower interest rates mean banks can lend more to customers as monthly mortgage repayments become more manageable.

CoreLogic's head of research in Australia Eliza Owen and her colleague Robin Han, a senior quantitative analyst, said generous rate cuts will boost markets in inner-city Sydney and Melbourne more than anywhere else in Australia.

'Relatively expensive markets have historically shown stronger responses to reduced cash rate settings,' they said.'

A reduction in the cash rate could spur a recovery trend in the high end of the Sydney and Melbourne housing market, which tend to be the bellwether for broader market recoveries in those cities.

'Lower interest rates are set to boost the housing market in 2025. Lower rates mean buyers can borrow more, spend more, and ultimately make housing a more attractive investment.

'A cluster of suburbs in Sydney's inner west, stretching from Leichhardt to Balmain on the harbour, could see the biggest increase of 19.1 per cent from the current $2.329million. House prices in this gentrified pocket of the city have fallen by 6.9 per cent since peaking last year.

In Sydney's south, the Sutherland Shire is expected to see a 19 per cent bounce from $1.544million.

The Warringah area on Sydney's Northern Beaches, stretching from Curl Curl past Terrey Hills, is forecast to see prices soar by 18.1 per cent from $2.413million.

The Hurstville area in Sydney's south is tipped to see house prices climb by 17.7 per cent from $1.763million. Meanwhile, Hornsby prices could rise by 17.5 per cent from $1.675million as house prices in the eastern suburbs, including Bondi, may increase by 17.2 per cent from $2.975million.

Melbourne is tipped to also see big house price increases in suburbs close to the city if interest rates are cut multiple times.

The Whitehorse area in the city's east, covering Box Hill and Burwood East, is expected to see an 18.4 per cent increase from $1.431million.

Essendon, in Melbourne's inner north, is tipped to see an 18 per cent increase from $1.449million, in an area where median house prices are now 14.8 per cent weaker than the 2022 peak.

The Manningham area, in Melbourne's east covering Doncaster, could see prices go up by 17.4 per cent from $1.439million.

But Brisbane, Perth and Adelaide, which have had double-digit price increases during the past year, are only expected to experience modest price growth in 2025 even if interest rates are cut.

Sunnybank in Brisbane's south is only expected to see a 5.2 per cent increase from $1.1million.

A similar 5.1 per cent increase is forecast for Port Adelaide from $845,446.

But in Perth, the Bayswater-Bassendean area in the city's inner north-east, is only tipped to a a 3.1 per cent increase from $893,976 after house prices in the West Australian capital soared by 16.7 per cent during the past year.

The Commonwealth Bank and Westpac are expecting the Reserve Bank to cut the cash rate to 3.35 per cent by the end of 2025, falling to a level last seen in March 2023.

This easing from the existing level of 4.35 per cent would only partially undo the RBA's 13 increases in 2022 and 2023.

Dear Fellow Property Investor,

The Reserve Bank of Australia has recently lowered the official cash rate to 4.10%. This adjustment has implications for the property market, primarily by influencing borrowing capacity.

Check out my recent YouTube Video on this very topic;

SHOULD YOU BUY REAL ESTATE NOW OR WAIT UNTIL INTEREST RATES FALL?

Lower interest rates mean home loans become more affordable, bringing more first-home buyers and investors into the market. As demand rises, competition for properties increases, pushing prices up.

For investors, this is a great opportunity to buy before the market heats up. Waiting too long could mean facing higher prices and fewer available properties.

In conclusion, the rate cut is expected to boost demand and drive property prices higher. Now is the time for investors to take advantage before competition intensifies.

Interested in getting educated on Australian property investing?

Reserve your place and join me and 55 like-minded property investors for the upcoming Real Estate Investing Fast Track Weekend!

Click HERE to reserve your seat now!

Dear Fellow Property Investor,

Westpac has cut its fixed-rate mortgages a week ahead of the Reserve Bank of Australia (RBA) meeting, now reaching the lowest fixed rate of the “big four” banks.

Westpac has cut its fixed-rate mortgages across its one- and two-year loan terms, following NAB’s initiative, which slashed all its fixed-rate mortgages in the first week of February.

Canstar’s rate tracking showed that Westpac reduced its rate by 0.40 percentage points for owner-occupier loans with a one-year term, and by 0.30 percentage points for loans with a two-year term.

Westpac’s lowest fixed rate now reaches 5.59 per cent and is available for owner-occupiers on a two-year term, paying principal and interest with a deposit of at least 30 per cent.

Australia’s second-largest lender also reduced its fixed investor loan rate by 0.35 percentage points.

Westpac’s move follows NAB’s initiative to cut fixed rates earlier in February and Macquarie Bank in mid-January.

As a result, Westpac now has the lowest 1-, 2-, 4- and 5-year fixed rates among the big four banks.

For a one-year term based on owner-occupied loans with principal and interest repayments, Westpac now has the lowest rate at 5.69 per cent, while CBA has the highest rate at 6.39 per cent.

According to Canstar data, CBA has the highest fixed interest rates of the big four banks across all fixed-term loans.

Westpac’s one-year fixed rate is now one of the lowest rates in the market, alongside Macquarie Bank, at 5.69 per cent.

However, Macquarie Bank still offers lower rates on a two- or three-year fixed rate at 5.55 per cent for owner-occupiers paying principal and interest with a deposit of at least 30 per cent.

The lowest fixed rates in the market on a fixed two-year term for owner-occupiers are at BankVic, Community First and Easy Street, with 5.49 per cent, while Westpac sits at 5.59 per cent.

Canstar data insights director, Sally Tindall, said that despite Westpac having the lowest fixed loan of the major banks, borrowers will still be waiting for a rate cut at the RBA meeting.

“CBA’s half-yearly results, released today, illustrate just how unpopular fixing is. Only 1 per cent of new mortgages taken out with the bank in the last quarter of 2024 opted for a fixed rate, in dollar terms,” Tindall said

“After waiting well over a year for cash rate cuts to come, it’s hard to see many borrowers tossing this opportunity in.”

“This, alongside an easing in the cost of wholesale funding, is now pushing some banks to review their fixed rates, with more likely to follow,” Tindall said.

The next RBA meeting is set for 18 February 2025, with Tindall forecasting a possible rate cut “fast approaching, potentially as soon as next Tuesday”.

So let me ask you a question…

Do you have a game plan for 2025?

Or will you watch savvy, educated, market-ready investors snap up all the bargains at the recovery phase of the Melbourne property cycle (which, in my opinion, is RIGHT NOW!)

Or, will you join them?

The choice is yours!

So, what are you waiting for?

Reserve your place and join me and 55 like-minded property investors for the first Real Estate Investing Fast Track Weekend for 2025!

Click HERE to reserve your seat now!

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.

Dear Fellow Property Investor,

ANZ and the Commonwealth Bank are both forecasting a rate cut when the RBA next meets in February. The Reserve Bank says economic management remains a "balancing act".

ANZ has joined the Commonwealth Bank in predicting an interest rate cut in February, which could provide relief to mortgage holders following a sustained rate of 4.35 per cent.

The cash rate has stayed the same since November 2023, with Reserve Bank of Australia (RBA) governor Michele Bullock saying that taming inflation is a "balancing act"."

With inflation coming down and employment growing, we think we remain on the narrow path," she said after the central bank's December meeting.

So, what does the RBA consider when setting its cash rate target, and what do the 'big four' banks think lies ahead?

What are the banks predicting?

ANZ and CommBank are both forecasting a rate cut when the RBA next meets in February.

Westpac and NAB disagree and are predicting Australians will have to wait for the third RBA meeting in May before the cash rate target is changed.

The banks also differ when it comes to estimating how many cuts will occur throughout 2025.

ANZ is the most conservative and is anticipating two cuts this year, while CBA and Westpac both speculate four will occur.

NAB is projecting five rate cuts.

Independent financial comparison site Canstar has estimated that a reduction in monthly repayments from one cut could be up to $92 on a $600,000 loan with 25 years remaining on the term.

How much could Australians save?

On Friday, Canstar released data calculating drops in mortgage repayments for each of the bank's predictions.

If five rate cuts are realised, the drop in monthly repayments could be as high as $441 per month for a borrower with a $600,000 loan and 25 years remaining.

If just two rate cuts occur, the same borrower will save $182 each month.NAB is expecting the greatest relief for borrowers with five cuts compared to ANZ’s forecast for only two cuts.

A rate cut is increasingly likely this February, but Canstar data insights director Sally Tindall said to "prepare for any possibility".

"The big question is just how many rate cuts the RBA will end up handing out. If you’ve got a mortgage, be prepared for every possibility," she said.

"A rate cut in February is increasingly likely, however, with over five weeks to go until the next Board meeting and the RBA firmly focused on incoming data, this could change."

There are several measures that influence RBA decision-making, including inflation and unemployment.

Looking to inflation and employment rates

ANZ's new prediction of a February rate cut follows the release of November's consumer price index (CPI) data on Wednesday.

The Australian Bureau of Statistics reported CPI at 2.3 per cent in the 12 months leading to November, within the RBA's target of 2 to 3 per cent.

ABS head of price statistics Michelle Marquardt said government electricity rebates had a large impact on CPI.

"In some states and territories, households received two rebate payments in October in lieu of not receiving a payment in July. From November, most households have received one payment," she said on Wednesday.

"As a result, electricity prices fell 21.5 per cent in the 12 months to November, compared to a fall of 35.6 per cent to October."

Meanwhile, underlying inflation was at 3.2 per cent in November, down from 3.5 per cent in October.

The RBA's target for this form of inflation is 2 to 3 per cent. Tindall said analysts would also be looking at soon-to-be-released employment data.

"All eyes will be on next week’s ABS Labour Force data and the quarterly CPI results released at the end of the month," she said.

"If core inflation continues along the same trajectory as we saw in the more volatile monthly dataset, then we could well see a rate cut."

Let me ask you something…

Do you have a game plan for 2025?

Or will you watch savvy, educated, market-ready investors snap up all the bargains at the bottom of the Melbourne property cycle (which, in my opinion, already bottomed out in November 2022), again?

Or, will you join them?

So, what are you waiting for?

Reserve your place and join me and 55 like-minded property investors for the first Real Estate Investing Fast Track Weekend for 2025!

Click HERE to reserve your seat now!

Don’t miss out, CLICK HERE to get up to date video education from Konrad Bobilak.

Dear Fellow Property Investors,

Melbourne homes are now 41% cheaper than those in Sydney, a $600,000 difference, marking the largest price gap in 20 years.

Sydney has long been Australia’s most expensive city for homebuyers, but the price difference between Sydney and Melbourne has reached unprecedented levels.

PropTrack’s Eleonor Creagh said that as of August, Sydney’s median house price is 70% higher than Melbourne’s, with Melbourne homes now 41% cheaper – a $600,000 difference, marking the largest price gap in 20 years.

Housing supply and land constraints drive Sydney’s premium.

One significant factor behind Sydney’s rising premium is its constrained land supply.

Sydney’s natural features, including its harbor and surrounding national parks, limit the availability of developable land. 

In contrast, Melbourne has seen a higher rate of new home completions per capita.

Over the past decade, Victoria averaged 9.5 new dwellings per 1,000 residents per year, compared to just seven in New South Wales, PropTrack reported.

Higher building costs in Sydney

A recent report by The Centre for International Economics (CIE) also highlighted Sydney’s higher construction costs. Red tape, taxes, and other fees make building new homes in Sydney more expensive, with 50% of these costs tied to such charges, compared to 37% in Melbourne.

“Waterfront properties and international appeal have kept Sydney’s market strong,” Creagh said.

Melbourne’s market struggles post-pandemic

Melbourne has lagged behind other cities since the COVID-19 pandemic, losing population and experiencing less dramatic price increases than other Australian capitals.

Since March 2020, Melbourne has been the weakest performing capital, with house prices still 4.7% below their peak. 

The city has even dropped to fourth place among Australia’s most expensive capitals, with Brisbane and Canberra surpassing it.

Investor confidence declines in Victoria

Several factors are contributing to Melbourne’s continued underperformance.

Higher land taxes for investment properties have made Melbourne less attractive to investors, while stock levels remain high. In July, Melbourne listings were the highest since November 2018, providing buyers with plenty of choices.

The future of the Sydney-Melbourne divide

Looking ahead, Melbourne’s housing market is expected to remain subdued compared to Sydney, Creagh said.

The combination of a high inventory of homes and softer economic conditions may cause Melbourne prices to fall further. However, as Melbourne houses become more affordable, the price gap could eventually narrow.

While Sydney’s geographic limitations and global appeal may ensure it retains a price premium, the historic price swing may make Melbourne more appealing in the future.“

At some point, Melbourne may be seen as undervalued, given its current price levels relative to Sydney,” Creagh said.

Let me ask you something…

Do you have a game plan for 2025?

Or will you watch savvy, educated, market-ready investors snap up all the bargains at the bottom of the Melbourne property cycle (which, in my opinion, already bottomed out in November 2022), again?

Or, will you join them?

So, what are you waiting for?

Reserve your place and join me and 55 like-minded property investors for the first Real Estate Investing Fast Track Weekend for 2025!

Click HERE to reserve your seat now!

Dear Fellow Property Investor,

House prices in 25 Melbourne suburbs have out-earned their owners in the past year, surging at least $100,000 as the family home became 2024’s “most successful” property type.

New Real Estate Institute of Victoria figures show while the wider city’s median house price fell by $20,000 (2.1 per cent) to $913,000 in 2024, a handful of postcodes shrugged off tough conditions.

Multimillion-dollar housing markets including Deepdene, Portsea and Brighton had some of the biggest gains, rising anywhere from $255,000 to a whopping $602,000 in the past 12 months.

But more affordable pockets including Brooklyn, where the typical house today costs $803,250, and Yarra Glen, $935,000, also notched six-figure gains.

The growth would put them comfortably ahead of the $97,864 a year wage of Victoria’s typical worker, according to latest Australian Bureau of Statistics data.

In further good news for some homeowners, there were 92 suburbs where the median house price grew at least 3.6 per cent in the past 12 months to outpace the 3.5 per cent increase in Aussie wages in the same period.

TOP GROWTH AREAS: HOUSES

  1. Princes Hill: $1,830,000 — 24.5%
  2. North Warrandyte: $1,480,000 — 23.1%
  3. Park Orchards: $2,332,500 — 20.2%
  4. Deepdene: $3,613,000 — 20.0%
  5. Brooklyn: $803,250 — 17.8%
  6. Strathmore: $1,730,000 — 15.3%
  7. Watsonia: $1,000,500 — 14.9%
  8. Portsea: $3,350,000 — 14.5%
  9. Diamond Creek: $1,100,000 — 14.0%
  10. Launching Place: $736,000 — 13.2%

Source: REIV December Quarter Median Prices, 2024

So let me ask you a question…

Do you have a game plan for 2025? 

Or will you watch savvy, educated, market-ready investors snap up all the bargains at the recovery phase of the Melbourne property cycle (which, in my opinion, is RIGHT NOW!)

Or, will you join them? 

The choice is yours!

So, what are you waiting for?

Reserve your place and join me and 55 like-minded property investors for the first Real Estate Investing Fast Track Weekend for 2025!

Click HERE to reserve your seat now!

ANZ and the Commonwealth Bank are both forecasting a rate cut when the RBA next meets in February. The Reserve Bank says economic management remains a "balancing act".

ANZ has joined the Commonwealth Bank in predicting an interest rate cut in February, which could provide relief to mortgage holders following a sustained rate of 4.35 per cent.

The cash rate has stayed the same since November 2023, with Reserve Bank of Australia (RBA) governor Michele Bullock saying that taming inflation is a "balancing act".

"With inflation coming down and employment growing, we think we remain on the narrow path," she said after the central bank's December meeting.

So, what does the RBA consider when setting its cash rate target, and what do the 'big four' banks think lies ahead?

What are the banks predicting?

ANZ and CommBank are both forecasting a rate cut when the RBA next meets in February. 

Westpac and NAB disagree and are predicting Australians will have to wait for the third RBA meeting in May before the cash rate target is changed.

The banks also differ when it comes to estimating how many cuts will occur throughout 2025.

ANZ is the most conservative and is anticipating two cuts this year, while CBA and Westpac both speculate four will occur.

NAB is projecting five rate cuts.

Independent financial comparison site Canstar has estimated that a reduction in monthly repayments from one cut could be up to $92 on a $600,000 loan with 25 years remaining on the term.

How much could Australians save?

On Friday, Canstar released data calculating drops in mortgage repayments for each of the bank's predictions.

If five rate cuts are realised, the drop in monthly repayments could be as high as $441 per month for a borrower with a $600,000 loan and 25 years remaining.

If just two rate cuts occur, the same borrower will save $182 each month.

Two big banks now predict a February rate cut.

NAB is expecting the greatest relief for borrowers with five cuts compared to ANZ’s forecast for only two cuts.

A rate cut is increasingly likely this February, but Canstar data insights director Sally Tindall said to "prepare for any possibility".

"The big question is just how many rate cuts the RBA will end up handing out. If you’ve got a mortgage, be prepared for every possibility," she said.

"A rate cut in February is increasingly likely, however, with over five weeks to go until the next Board meeting and the RBA firmly focused on incoming data, this could change."

There are several measures that influence RBA decision-making, including inflation and unemployment.

Looking to inflation and employment rates

ANZ's new prediction of a February rate cut follows the release of November's consumer price index (CPI) data on Wednesday.

The Australian Bureau of Statistics reported CPI at 2.3 per cent in the 12 months leading to November, within the RBA's target of 2 to 3 per cent.

ABS head of price statistics Michelle Marquardt said government electricity rebates had a large impact on CPI.

"In some states and territories, households received two rebate payments in October in lieu of not receiving a payment in July. From November, most households have received one payment," she said on Wednesday.

"As a result, electricity prices fell 21.5 per cent in the 12 months to November, compared to a fall of 35.6 per cent to October."

Meanwhile, underlying inflation was at 3.2 per cent in November, down from 3.5 per cent in October.

The RBA's target for this form of inflation is 2 to 3 per cent.

Tindall said analysts would also be looking at soon-to-be-released employment data.

"All eyes will be on next week’s ABS Labour Force data and the quarterly CPI results released at the end of the month," she said.

"If core inflation continues along the same trajectory as we saw in the more volatile monthly dataset, then we could well see a rate cut."

So let me ask you a question…

Do you have a game plan for 2025? 

Or will you watch savvy, educated, market-ready investors snap up all the bargains at the recovery phase of the Melbourne property cycle (which, in my opinion, is RIGHT NOW!)

Or, will you join them? 

The choice is yours!

So, what are you waiting for?

Reserve your place and join me and 55 like-minded property investors for the first Real Estate Investing Fast Track Weekend for 2025!

Click HERE to reserve your seat now!

Investors Prime

Interested in learning more about property investing in Australia? Please visit our main website InvestorsPrime.com.au for loads of free resources, articles, videos and more to help you on your investing journey.

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