May rate cut and the first homes rush

In this Australian Property Podcast episode, your hosts Pete Wargent from Allen Wargent Property Buyers and Chris Bates from Alcove mortgage specialists bring you all the latest news. 

If you like this Australian Property Podcast episode Pete and Chris answer your listener questions and cover the big news stories of the week. 

Topics covered today:

1 – Twilight zone suburbs

2 – Inflation news for Q1 – is the battle with inflation won?

3 – Lock it in – RBA to cut interest ratesin May says Luci Ellis

Other topics discussed

Anecdote 1 – some people buying entry level properties frantically now because whoever wins the election is going to push first homebuyer policies (but not until 2026 for ALP policy)

Anecdote 2 Darwin – anecdotal reports of buyer’s agents storming into Darwin - 1/3 of listed properties are under offer already 

Resources for this episode

• Nerida Conisbee - top demolition suburbs 
• SMH - suburbs we never want to leave 

Inflation figures for Q1 2025

• Australian Q1 CPI – 09/24yy (James Foster Macro)

• Westpac IQ: Inflation Q1 CPI 2025

• Markets Look Through Bill Shock (Pete Wargent)

• Luci’s Thursday Note – 24 April 2025 (Westpac IQ)

• Investors Ease Back into Property (Pete Wargent)

Home values for April 2025

• Ray White - home values update, April 2025
• Vitality home value index, April 2025

Rask Resources

Pete's Buyers Agency: https://www.allenwargent.com.au

Alcove mortgage broking: https://www.raskmedia.com.au/services/mortgage-broking 

Amy Lunardi Buyers Agency (Melbourne) www.amylunardi.com.au 

All services: https://bit.ly/R-services

Financial Planning: https://bit.ly/R-plan 

Invest with us: https://bit.ly/R-invest 

Access Show Notes: https://bit.ly/R-notes 

Ask a question: https://bit.ly/R-quest 

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

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