s summer approaches, the Australian property market is entering a new phase — one defined by tightening supply and sustained buyer demand. Recent data suggests fewer homes are coming to market, and this shift is already influencing prices and competition.
Listings Are Falling Nationwide
According to SQM Research, total residential property listings fell by 5.4% in November and are now 12.4% lower than the same time last year. New listings dropped by a significant 11.3% month-on-month, while older listings also declined sharply.
This combination is important. Fewer new properties are being listed, and existing stock is being absorbed quickly — a clear sign that buyers remain active and engaged, even in a higher-rate environment.
What This Means for the Market
When supply tightens and demand holds steady, prices tend to rise. With fewer homes available and buyers competing for limited stock, asking prices are continuing to increase. If listing volumes remain low over summer, this upward pressure on prices could extend into early 2026.
What This Means for Sellers
For homeowners considering selling, current conditions may be favourable:
Less competition gives sellers stronger negotiating power
Well-priced homes are selling faster, often with solid buyer interest
Tight supply may help support stronger sale prices over the coming months
For many sellers, the summer period could present an opportunity to capitalise on market conditions before more stock eventually returns.
What This Means for Buyers
For buyers, a low-supply market requires preparation and strategy:
Increased competition can lead to faster decision-making and price pressure
Pre-approval is critical, allowing buyers to move quickly and present less risk to sellers
Understanding your true borrowing capacity helps avoid emotional or over-extended bidding
Being financially ready can make a meaningful difference when listings are limited and desirable properties attract multiple buyers.
Preparing for the Months Ahead
With fewer homes for sale and demand remaining firm, both buyers and sellers need to be proactive. Sellers should ensure their property is priced and presented correctly, while buyers should focus on financial readiness and clarity around their limits.
If you’re considering buying and want to check your borrowing power or secure pre-approval before competition increases, I can help you run the numbers and prepare with confidence.
Terms, conditions, fees and charges apply. Applications are subject to credit approval.
