December 15, 2025 • 15 mins
- Bushy Martin from Know How Property Finance shares his biggest property surprise for 2025
- James Powderly, head of sales at Nexus provides an overview of 3 brand new rural living opportunities
- What has been the biggest property ‘key shift’ in 2025? Dr. Nicola Powel Head of Research and Economics at Domain unpacks their latest report
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Episode Transcript
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Speaker 1 (00:01):
Cameron Rene's Real Estate Show on Mix one oh six
point three be the Envy of camera Live in de Berget,
Northorne Village by JW Land now selling him.
Speaker 2 (00:11):
It's that time again. We're ready for another Mixed one
or six point three real estate show podcast.
Speaker 3 (00:15):
This is a second last one for twenty twenty five.
It's just ridiculous how quickly the year has gone so far.
Although with the magic of the Internet it doesn't really matter.
There's no timestamp on this week and just listen. I
mean this will still be online at a thousand years time.
Speaker 2 (00:29):
Oh goodness me, well passed our time. But anyway, we
had a great show this week. We spoke to one
of our regular guests, Bushy Martin from Nohah Property Finance,
who gave us his overall take on twenty twenty five.
Speaker 3 (00:41):
Always really interesting to listen to the experts when they're
reflecting on what has happened. But also we ask them
to break out the crystal ball and say twenty twenty six,
let's have it. What do you reckon?
Speaker 2 (00:53):
So yeah, always an interesting chat with him in colorful chats.
Speaker 4 (00:56):
We love it.
Speaker 2 (00:57):
We also spoke to James Padley, director of was in
nexcess about the Fields, which is three rural living opportunities.
Speaker 3 (01:04):
Yeah, this is one that's actually heard for the first
time on Mix one and six point three. There were
some ads on the radio's just like what's that all about,
and it turns out that it's rural living, so that's
the lifestyle. But there's three different areas in the Capital region,
all under the brand of the Fields, so.
Speaker 2 (01:22):
You'll kind of offer something a bit different.
Speaker 3 (01:24):
Percent So James told us about Sutton, Kuma and Muhra
and Bateman, so you'll get to hear that in the podcast.
Speaker 2 (01:30):
Yes, and also you get to hear doctor Nikola Powell
who spoke about Domain's end of year rap and it
was a bit of a year of contradictions for the
property market, so she kind of shared all of those
things that happened in the standout moment.
Speaker 3 (01:42):
Well, we also remembered, of course it was the beginning
of twenty twenty five that we had the first of
three interest rate cuts as well.
Speaker 5 (01:48):
It was an exciting time.
Speaker 6 (01:50):
We need more I know.
Speaker 3 (01:53):
All right, that's what it all looks and sounds like
for our podcast. It's all thanks to JW Land and
Mixed one and six point three please enjoy.
Speaker 2 (02:00):
Well, Cam, It's around that time of year when we
like to check in with some of our regular guests
on their takes of twenty twenty five and what they
thought of the real estate year.
Speaker 3 (02:08):
Yes, and one of our regular guests who always brings
a smile to our face and warmth to our heart,
and I mean, you know, shares lots of really really
well gained knowledge as well, so it's always very interesting
to listen to. It is one Bushy.
Speaker 2 (02:22):
Martin, of course, from No How Property Finance. Bushy, good morning,
Hey you.
Speaker 7 (02:26):
Guys, so great to see.
Speaker 6 (02:27):
I'm really getting into the festive season to get today,
so I'm going to be challenging my very best Rickey
Martin today, So I'm going to be living Avita looker
and gold.
Speaker 2 (02:36):
Oh yes, that's great because I went to his concert
the other day, so that's really touching base with me.
Speaker 4 (02:42):
I love that.
Speaker 2 (02:44):
And now look, Bushy, what was the property highlight for
you this year?
Speaker 7 (02:47):
Well, the highlight for me this year was a property
felt less like a boom and more like a block drain,
a bit like the lout NaN's place on Christmas Day,
with everyone lining up but no one actually getting out
in hurry.
Speaker 6 (02:59):
So while the national medium price grew at about sixty
seven percent, which has banged on the long term batting average,
the regional variations actually told the real story, with listenings
as rare as hense feet and new builds are scarce
as trades and tannguinong on to frid our theo. So
while at the same time that bids continue to pile
in on the back of rate caups, government incentives and
lender restrictions leading to intense fire concentration in midrage price points.
(03:23):
So this sort of pincer squeeze pushed up prices in
affordable location. So the property highlight for me wasn't a
classic boon, but more of a backup block train.
Speaker 2 (03:32):
Okay, and that's very I was not expecting that analogy.
Speaker 4 (03:36):
But that's so good.
Speaker 2 (03:38):
I know, what was the biggest property surprise for.
Speaker 4 (03:40):
You this year?
Speaker 6 (03:42):
Yeah, well, I'm a bit old and crusty these days, renade,
so nothing much surprises me anymore. But if I was
to pick one, the biggest surprise was continuing to watch
government and policy makers try to fix the affordability by
actually throwing petrol on the demand fly, so more load
of positive schemes, more grants, more and see and surprise
prize that just pushed more buyers into the same narrow
(04:04):
price band. So instead of helping, they actually turned the
affordable end of the market into a game of musical
chairs on a shrinking dance war that actually pushed prices up,
the opposite of what was actually intended.
Speaker 3 (04:14):
All right, mate, well for next year, let's get out
the crystal ball and rub away. What are you seeing
for twenty twenty six.
Speaker 7 (04:22):
Well, again, a bit.
Speaker 6 (04:23):
Like Ricky Martin, I'm not into superstitions, black cats and
voodoo doles guys, So well, I'm definitely not a fan
of staring at crystal balls because property predictions are as
bad as reliable as camepra weather forecast. But I guess
the number nerds and the stat tragics are all saying
that medium property prices are like they keep going up
next year, and they're sort of mid to high single
digits with the middle kids like Perth and Brizzie continue
(04:46):
to do a.
Speaker 4 (04:46):
Lot of the heavy lifting.
Speaker 6 (04:47):
So I'm expecting more of the same as this year,
with a varying affordability patchwork quilt continuing across the country
with low supply and high demand pockets pushing prices further north.
Speaker 4 (04:56):
But some of the.
Speaker 6 (04:57):
Overcooked Instagram areas like Darwin and the Gold c may
well actually flatlined once the buyer's agent foe, they Plague
moves on to new shiny hotspots. And in the act
it's likely Canber is just going to keep doing what
it does best, and that's a slow city job rather
than a sprint. So to summarize, guys.
Speaker 7 (05:13):
My predictions are actually pretty simple.
Speaker 6 (05:15):
Assume interest rates won't fall any further and may actually
go up if rising in face and doesn't behave And
assume that your barring capacity and in your purchase price
power continues to shrink as after further titans lend the policy.
But overall, the block train scarcity of limited supply with
strong concentrated price demand and shifting sentiment will continue to
drive property prices up across the country, with medium prices
(05:37):
in our capitalis and the regional growth us actually all
hitting new record highs next year, but expect the growth
rate to slow down over time as affordability handbreaks Titan.
So pretty much back to the normal variability and let
the property party continue. The guys just make sure that
when the drain unclogs that you're not the one left
holding the suction puntact.
Speaker 3 (05:56):
You don't want to be that person at all.
Speaker 2 (06:00):
Thank you so much for all your time this year,
your insights, and we look forward to checking them with
you early in the new year.
Speaker 4 (06:06):
Thank you.
Speaker 6 (06:06):
I love your second I love your show, and I
can't wait to join you again next year.
Speaker 2 (06:10):
Sounds good. Thank you so much. Bushy Martin from No
How Property Finance. Well, Cam, we're going to learn a
bit more now about three rural living opportunities. This is
the Fields. Now, if you've been driving around listening to
the top radio station, you would have heard some ads
about this and it sounds really interesting.
Speaker 3 (06:28):
It really does, and this is one of the reasons
that we decided to learn a little bit more about this.
But you're absolutely right. I paneled for Kristin and Nige
yesterday morning, so they did their big last show at
Griffin's down there in the Griffiths Shops and it was
like it was almost like every other ad break we
were learning about the fields.
Speaker 2 (06:45):
So yes, we're going to learn even more now, which
is great. James Paddley is the director of sales at
Nexus James.
Speaker 4 (06:51):
Good morning, calling guys. Thanks for having me on.
Speaker 2 (06:54):
Yeah, thanks for coming on. Now, look, can you give
us a brief overview of the fields.
Speaker 4 (06:59):
Ye, or so the fields of the development we sort
of started back in twenty nineteen in a few different places.
Our biggest focus out there is delivering a range of
rural lifestyle lots, with the big focus being on proximity
to the ACP. So it's really designed for people to
get more bang for their buck compared to act land,
(07:22):
but also getting an opportunity to step into that lifestyle
of you know, you've got your Muhor and Batement Field
day Market. It's a really good sense of community. But
at the same time you're not reaching over and touching
your neighbor's ease. You've sort of got your own space
to sort of spread out and live life.
Speaker 2 (07:38):
Yeah, so good, And you kind of alluded to this
a bit there. But what is special about each of
the three areas and what are the three areas?
Speaker 4 (07:47):
Yeah? Perfect, So Marram, Bateman, Sutton and Koma are our
three sort of key locations that we deliver lots in
at the moment, each sort of unique in their own way. Murrambatement,
I like to call it sort of the all inclusive
package because Mara and Bateman, you can move there and
maybe with the exception of if you work in Canbra,
(08:07):
you don't have to leave to get groceries, petrol. It's
got all the coffee shops, cafes, you know, it's got
two before ten gyms, dentist doptors. It's getting a lot
of infrastructure spend as well, which means that in terms
of community and the way it operates, it's.
Speaker 8 (08:23):
Going to really flourish and get a lot of attention
from new business over the next few years. So you
can live there and not have to leave, with the
exception of maybe what you do for work.
Speaker 3 (08:35):
Yeah, okay, So let's head south down towards the mountains
now to offer what's offered at Kuma.
Speaker 4 (08:41):
So Kuma is a slightly different offering, being obviously a
little bit further from Canber In our eyes, it offers
ultimate affordability and lifestyle. So you know, our lots there
are just over two hundred thousand dollars, so from a
price point, super attractive. But you get proximity to camera
ginderbne know, you know, and obviously Kerma if you've been
(09:03):
out to Kerma. It's got beautiful green areas, great shops,
great lifestyle. It's just an awesome place to live. But
it also gives people an opportunity to do it at
a really really good entrance price where it's affordable for
sort of everyone to enjoy that life.
Speaker 2 (09:17):
Yeah, so good.
Speaker 4 (09:18):
And what about Sutton and Sutton again, it's sort of
a guice middle point between the Sutton, between the Muhormbatement
and kermber Piece. Sutton very young and it's in to
see much smaller population than Muhrmbatement, a really really strong community.
Feel the lots, they're lots smaller, five thousand, but you're
(09:40):
only fifteen minutes from the Canberras CBD. You've got one
of the best bakeries in i'd say the Southern Hemisphere
and little sudden Days here. So if you've been out there,
it's awesome. And you know the community out there is awesome.
Like you go to the markets on a Sunday out there,
every sort of second Sunday and you'll see almost every
single person lives in someting out there and really getting
(10:01):
amongst it all.
Speaker 3 (10:02):
Right, mat Well, you've captured all that beautifully.
Speaker 4 (10:04):
That's great.
Speaker 6 (10:05):
Thank you.
Speaker 3 (10:05):
What's the timeline for each of the three areas?
Speaker 4 (10:08):
So Fieldsmore and Bayment is finished as of now. So
the blocks are ready. So we've sort of sold one
hundred and fifty of one hundred and seventy eighth we
had there across the sort of last few years. We've
got a few remaining there, but they're finished now ready,
and there are all the two heck there lots. Susan
is currently on track for people to be settling in
May next year, twenty twenty six, and you know, subject
(10:32):
to weather, would we hold pretty true to that. And
Kuma is multi stage, so we've got a few blocks
ready over the next few months. But if that's too
soon for people, we've got more blocks coming over the
next few years.
Speaker 2 (10:44):
Okay, perfect, Well, it all sounds very interesting and exciting
as it all rolls along. James, thank you so much
for sharing that with us this morning. No, thanks, guys,
thank you so much. James Padley, who's the director of
sounds at Nexus the Field. You can go online to
learn more about them as well.
Speaker 4 (11:01):
Well.
Speaker 2 (11:01):
Cam at Domain's end of year wrap for twenty twenty
five has come out, revealing a year of contradictions for
the property market.
Speaker 3 (11:08):
Yes, and this is the thing you don't realize that
it was the beginning, also close to the beginning of
twenty twenty five that we had the first interest rate
cut in what was it about four years.
Speaker 8 (11:17):
Long to come?
Speaker 2 (11:18):
How long I've mentally blocked it out, and.
Speaker 3 (11:21):
Then all the ebbs and flows through the year and
it's all been captured in this one report, which is excellent.
Speaker 2 (11:26):
Yes, so let's dig down on this a little bit
and find out what it shows. And doctor Nicola Powell,
head of research and economics at Domain, joins us Niccola,
good morning, good morning. Now, look what does this report show.
What does it reveal about twenty twenty five.
Speaker 5 (11:40):
I think twenty twenty five was that real turning point,
and you know, as you just mentioned, I think it
was that point in time where all Australians breathed asidh
release because we started to see that cash rate reductions
come through. And as you mentioned, the first one was
in February and it was like, you know, you could
see a little kind of pressure being released from the
pressure cooker their and then we saw you know, two
(12:00):
other rate cuts after that, so we saw three over
the year.
Speaker 4 (12:02):
But I think what that really helped.
Speaker 5 (12:04):
To do is bring confidence back. We saw Australia consumer
sentiments start to rise, and I think that played out
in our housing market as price growth and as the
year unraveled, we really did see momentum come back into
our housing market. And we even saw canbra prices, which
we know it underperformed, they started to rise as well.
Speaker 3 (12:24):
Okay, and I love asking you know, data specialists about
this because so much work gets put into these reports
and then at lands on your desk, and I know
you put a lot of it together. But what's what's
almost the one big thing that sort of pops out.
Was there a big surprise for twenty twenty five?
Speaker 4 (12:41):
Look, I think there was.
Speaker 5 (12:42):
I think it was the speed in which investors came
back into the market, because.
Speaker 4 (12:45):
We saw over the past two quarters.
Speaker 5 (12:47):
Investor lending surged by twenty percent. And also I think, well,
I don't know if it comes as a surprise, but
investors did target established homes. So what that does is
it doesn't add to new supply. It really just helps
to tighten com petition for owner occupiers in the established market.
Speaker 4 (13:03):
So I think for me, it was the speed of.
Speaker 5 (13:04):
Investors, but also the rate of momentum that came back in.
We did see rate cuts, you saw boring catacity increase
by about seventy four thousand dollars, but many of our
capital cities saw price growth exceed that, so actually that
additional boring power was just absorbed by higher pricing.
Speaker 2 (13:22):
Okay, And there were a number of key shifts for
twenty twenty five. Were there any of those that surprised you?
Speaker 5 (13:27):
Look, there were some shifts. In Canberra. Paul was the
top search term, then in second we had view, So
it really does show kind of that lifestyle shift that
we're seeing in Canberra. But we also saw functional living
surging in Canberra, so courtyard actually jumped into the top three.
We also saw study rose from twelfth last year into six,
(13:51):
and that was on that national level. But one of
those national things that we also saw was this growing
interest in duel living.
Speaker 4 (13:58):
What we really did see is the.
Speaker 5 (14:00):
Increase in search terms associated with affordability, and I think
that really just shows the pressure that is on Australia's
housing market around price points.
Speaker 3 (14:09):
Okay, so let's push the report aside just for a moment,
because you leave and breathe this stuff. What do you
make of the twenty and twenty five real estate ear look.
Speaker 5 (14:20):
I think the real estate year really does show that
confidence did return. I think that what we saw from
buyers is they came back to market with a bit
more certainty. But I think for me, when I look
at bioactivity, I think they came to market, but they
were much more realistic. I think that what we've seen
is buy they're adapting. They're searching for slightly different homes
(14:42):
because we've got to remember that affordability is still really
pressured in Australia. And I think that what that means
for buyers is they're not necessarily stepping away, they're just
changing what they're searching for. And I think we've also
seen that Australia they're prioritizing flexibility, function, analysy and lifestyle
in their housing choices.
Speaker 2 (15:03):
Okay, well that's twenty twenty five. Let's see you what
twenty twenty six brings. Nicola, Thanks and real Estate Show
on the show all throughout the years always and I
look forward to chatting to you again in the new year.
Speaker 5 (15:15):
It's always a pleasure.
Speaker 4 (15:16):
Thank you.
Speaker 2 (15:16):
Thanks so much, doctor Nicola Powell, Head of Research and
Economics at Domme Well.
Speaker 3 (15:21):
Those are the interviews we most enjoyed and last week's
Mix one O six point three real Estate Show. If
you love hearing about the latest trends, or you're just
up for a sticky beak, be sure to drop by
for a listen this Saturday between nine and ten
Cameron Rene's Real Estate Show on Mix one oh six
point three be the Envy of camera Live in de Berget,
Northorne Village by JW Land now selling him.
Speaker 2 (00:11):
It's that time again. We're ready for another Mixed one
or six point three real estate show podcast.
Speaker 3 (00:15):
This is a second last one for twenty twenty five.
It's just ridiculous how quickly the year has gone so far.
Although with the magic of the Internet it doesn't really matter.
There's no timestamp on this week and just listen. I
mean this will still be online at a thousand years time.
Speaker 2 (00:29):
Oh goodness me, well passed our time. But anyway, we
had a great show this week. We spoke to one
of our regular guests, Bushy Martin from Nohah Property Finance,
who gave us his overall take on twenty twenty five.
Speaker 3 (00:41):
Always really interesting to listen to the experts when they're
reflecting on what has happened. But also we ask them
to break out the crystal ball and say twenty twenty six,
let's have it. What do you reckon?
Speaker 2 (00:53):
So yeah, always an interesting chat with him in colorful chats.
Speaker 4 (00:56):
We love it.
Speaker 2 (00:57):
We also spoke to James Padley, director of was in
nexcess about the Fields, which is three rural living opportunities.
Speaker 3 (01:04):
Yeah, this is one that's actually heard for the first
time on Mix one and six point three. There were
some ads on the radio's just like what's that all about,
and it turns out that it's rural living, so that's
the lifestyle. But there's three different areas in the Capital region,
all under the brand of the Fields, so.
Speaker 2 (01:22):
You'll kind of offer something a bit different.
Speaker 3 (01:24):
Percent So James told us about Sutton, Kuma and Muhra
and Bateman, so you'll get to hear that in the podcast.
Speaker 2 (01:30):
Yes, and also you get to hear doctor Nikola Powell
who spoke about Domain's end of year rap and it
was a bit of a year of contradictions for the
property market, so she kind of shared all of those
things that happened in the standout moment.
Speaker 3 (01:42):
Well, we also remembered, of course it was the beginning
of twenty twenty five that we had the first of
three interest rate cuts as well.
Speaker 5 (01:48):
It was an exciting time.
Speaker 6 (01:50):
We need more I know.
Speaker 3 (01:53):
All right, that's what it all looks and sounds like
for our podcast. It's all thanks to JW Land and
Mixed one and six point three please enjoy.
Speaker 2 (02:00):
Well, Cam, It's around that time of year when we
like to check in with some of our regular guests
on their takes of twenty twenty five and what they
thought of the real estate year.
Speaker 3 (02:08):
Yes, and one of our regular guests who always brings
a smile to our face and warmth to our heart,
and I mean, you know, shares lots of really really
well gained knowledge as well, so it's always very interesting
to listen to. It is one Bushy.
Speaker 2 (02:22):
Martin, of course, from No How Property Finance. Bushy, good morning,
Hey you.
Speaker 7 (02:26):
Guys, so great to see.
Speaker 6 (02:27):
I'm really getting into the festive season to get today,
so I'm going to be challenging my very best Rickey
Martin today, So I'm going to be living Avita looker
and gold.
Speaker 2 (02:36):
Oh yes, that's great because I went to his concert
the other day, so that's really touching base with me.
Speaker 4 (02:42):
I love that.
Speaker 2 (02:44):
And now look, Bushy, what was the property highlight for
you this year?
Speaker 7 (02:47):
Well, the highlight for me this year was a property
felt less like a boom and more like a block drain,
a bit like the lout NaN's place on Christmas Day,
with everyone lining up but no one actually getting out
in hurry.
Speaker 6 (02:59):
So while the national medium price grew at about sixty
seven percent, which has banged on the long term batting average,
the regional variations actually told the real story, with listenings
as rare as hense feet and new builds are scarce
as trades and tannguinong on to frid our theo. So
while at the same time that bids continue to pile
in on the back of rate caups, government incentives and
lender restrictions leading to intense fire concentration in midrage price points.
(03:23):
So this sort of pincer squeeze pushed up prices in
affordable location. So the property highlight for me wasn't a
classic boon, but more of a backup block train.
Speaker 2 (03:32):
Okay, and that's very I was not expecting that analogy.
Speaker 4 (03:36):
But that's so good.
Speaker 2 (03:38):
I know, what was the biggest property surprise for.
Speaker 4 (03:40):
You this year?
Speaker 6 (03:42):
Yeah, well, I'm a bit old and crusty these days, renade,
so nothing much surprises me anymore. But if I was
to pick one, the biggest surprise was continuing to watch
government and policy makers try to fix the affordability by
actually throwing petrol on the demand fly, so more load
of positive schemes, more grants, more and see and surprise
prize that just pushed more buyers into the same narrow
(04:04):
price band. So instead of helping, they actually turned the
affordable end of the market into a game of musical
chairs on a shrinking dance war that actually pushed prices up,
the opposite of what was actually intended.
Speaker 3 (04:14):
All right, mate, well for next year, let's get out
the crystal ball and rub away. What are you seeing
for twenty twenty six.
Speaker 7 (04:22):
Well, again, a bit.
Speaker 6 (04:23):
Like Ricky Martin, I'm not into superstitions, black cats and
voodoo doles guys, So well, I'm definitely not a fan
of staring at crystal balls because property predictions are as
bad as reliable as camepra weather forecast. But I guess
the number nerds and the stat tragics are all saying
that medium property prices are like they keep going up
next year, and they're sort of mid to high single
digits with the middle kids like Perth and Brizzie continue
(04:46):
to do a.
Speaker 4 (04:46):
Lot of the heavy lifting.
Speaker 6 (04:47):
So I'm expecting more of the same as this year,
with a varying affordability patchwork quilt continuing across the country
with low supply and high demand pockets pushing prices further north.
Speaker 4 (04:56):
But some of the.
Speaker 6 (04:57):
Overcooked Instagram areas like Darwin and the Gold c may
well actually flatlined once the buyer's agent foe, they Plague
moves on to new shiny hotspots. And in the act
it's likely Canber is just going to keep doing what
it does best, and that's a slow city job rather
than a sprint. So to summarize, guys.
Speaker 7 (05:13):
My predictions are actually pretty simple.
Speaker 6 (05:15):
Assume interest rates won't fall any further and may actually
go up if rising in face and doesn't behave And
assume that your barring capacity and in your purchase price
power continues to shrink as after further titans lend the policy.
But overall, the block train scarcity of limited supply with
strong concentrated price demand and shifting sentiment will continue to
drive property prices up across the country, with medium prices
(05:37):
in our capitalis and the regional growth us actually all
hitting new record highs next year, but expect the growth
rate to slow down over time as affordability handbreaks Titan.
So pretty much back to the normal variability and let
the property party continue. The guys just make sure that
when the drain unclogs that you're not the one left
holding the suction puntact.
Speaker 3 (05:56):
You don't want to be that person at all.
Speaker 2 (06:00):
Thank you so much for all your time this year,
your insights, and we look forward to checking them with
you early in the new year.
Speaker 4 (06:06):
Thank you.
Speaker 6 (06:06):
I love your second I love your show, and I
can't wait to join you again next year.
Speaker 2 (06:10):
Sounds good. Thank you so much. Bushy Martin from No
How Property Finance. Well, Cam, we're going to learn a
bit more now about three rural living opportunities. This is
the Fields. Now, if you've been driving around listening to
the top radio station, you would have heard some ads
about this and it sounds really interesting.
Speaker 3 (06:28):
It really does, and this is one of the reasons
that we decided to learn a little bit more about this.
But you're absolutely right. I paneled for Kristin and Nige
yesterday morning, so they did their big last show at
Griffin's down there in the Griffiths Shops and it was
like it was almost like every other ad break we
were learning about the fields.
Speaker 2 (06:45):
So yes, we're going to learn even more now, which
is great. James Paddley is the director of sales at
Nexus James.
Speaker 4 (06:51):
Good morning, calling guys. Thanks for having me on.
Speaker 2 (06:54):
Yeah, thanks for coming on. Now, look, can you give
us a brief overview of the fields.
Speaker 4 (06:59):
Ye, or so the fields of the development we sort
of started back in twenty nineteen in a few different places.
Our biggest focus out there is delivering a range of
rural lifestyle lots, with the big focus being on proximity
to the ACP. So it's really designed for people to
get more bang for their buck compared to act land,
(07:22):
but also getting an opportunity to step into that lifestyle
of you know, you've got your Muhor and Batement Field
day Market. It's a really good sense of community. But
at the same time you're not reaching over and touching
your neighbor's ease. You've sort of got your own space
to sort of spread out and live life.
Speaker 2 (07:38):
Yeah, so good, And you kind of alluded to this
a bit there. But what is special about each of
the three areas and what are the three areas?
Speaker 4 (07:47):
Yeah? Perfect, So Marram, Bateman, Sutton and Koma are our
three sort of key locations that we deliver lots in
at the moment, each sort of unique in their own way. Murrambatement,
I like to call it sort of the all inclusive
package because Mara and Bateman, you can move there and
maybe with the exception of if you work in Canbra,
(08:07):
you don't have to leave to get groceries, petrol. It's
got all the coffee shops, cafes, you know, it's got
two before ten gyms, dentist doptors. It's getting a lot
of infrastructure spend as well, which means that in terms
of community and the way it operates, it's.
Speaker 8 (08:23):
Going to really flourish and get a lot of attention
from new business over the next few years. So you
can live there and not have to leave, with the
exception of maybe what you do for work.
Speaker 3 (08:35):
Yeah, okay, So let's head south down towards the mountains
now to offer what's offered at Kuma.
Speaker 4 (08:41):
So Kuma is a slightly different offering, being obviously a
little bit further from Canber In our eyes, it offers
ultimate affordability and lifestyle. So you know, our lots there
are just over two hundred thousand dollars, so from a
price point, super attractive. But you get proximity to camera
ginderbne know, you know, and obviously Kerma if you've been
(09:03):
out to Kerma. It's got beautiful green areas, great shops,
great lifestyle. It's just an awesome place to live. But
it also gives people an opportunity to do it at
a really really good entrance price where it's affordable for
sort of everyone to enjoy that life.
Speaker 2 (09:17):
Yeah, so good.
Speaker 4 (09:18):
And what about Sutton and Sutton again, it's sort of
a guice middle point between the Sutton, between the Muhormbatement
and kermber Piece. Sutton very young and it's in to
see much smaller population than Muhrmbatement, a really really strong community.
Feel the lots, they're lots smaller, five thousand, but you're
(09:40):
only fifteen minutes from the Canberras CBD. You've got one
of the best bakeries in i'd say the Southern Hemisphere
and little sudden Days here. So if you've been out there,
it's awesome. And you know the community out there is awesome.
Like you go to the markets on a Sunday out there,
every sort of second Sunday and you'll see almost every
single person lives in someting out there and really getting
(10:01):
amongst it all.
Speaker 3 (10:02):
Right, mat Well, you've captured all that beautifully.
Speaker 4 (10:04):
That's great.
Speaker 6 (10:05):
Thank you.
Speaker 3 (10:05):
What's the timeline for each of the three areas?
Speaker 4 (10:08):
So Fieldsmore and Bayment is finished as of now. So
the blocks are ready. So we've sort of sold one
hundred and fifty of one hundred and seventy eighth we
had there across the sort of last few years. We've
got a few remaining there, but they're finished now ready,
and there are all the two heck there lots. Susan
is currently on track for people to be settling in
May next year, twenty twenty six, and you know, subject
(10:32):
to weather, would we hold pretty true to that. And
Kuma is multi stage, so we've got a few blocks
ready over the next few months. But if that's too
soon for people, we've got more blocks coming over the
next few years.
Speaker 2 (10:44):
Okay, perfect, Well, it all sounds very interesting and exciting
as it all rolls along. James, thank you so much
for sharing that with us this morning. No, thanks, guys,
thank you so much. James Padley, who's the director of
sounds at Nexus the Field. You can go online to
learn more about them as well.
Speaker 4 (11:01):
Well.
Speaker 2 (11:01):
Cam at Domain's end of year wrap for twenty twenty
five has come out, revealing a year of contradictions for
the property market.
Speaker 3 (11:08):
Yes, and this is the thing you don't realize that
it was the beginning, also close to the beginning of
twenty twenty five that we had the first interest rate
cut in what was it about four years.
Speaker 8 (11:17):
Long to come?
Speaker 2 (11:18):
How long I've mentally blocked it out, and.
Speaker 3 (11:21):
Then all the ebbs and flows through the year and
it's all been captured in this one report, which is excellent.
Speaker 2 (11:26):
Yes, so let's dig down on this a little bit
and find out what it shows. And doctor Nicola Powell,
head of research and economics at Domain, joins us Niccola,
good morning, good morning. Now, look what does this report show.
What does it reveal about twenty twenty five.
Speaker 5 (11:40):
I think twenty twenty five was that real turning point,
and you know, as you just mentioned, I think it
was that point in time where all Australians breathed asidh
release because we started to see that cash rate reductions
come through. And as you mentioned, the first one was
in February and it was like, you know, you could
see a little kind of pressure being released from the
pressure cooker their and then we saw you know, two
(12:00):
other rate cuts after that, so we saw three over
the year.
Speaker 4 (12:02):
But I think what that really helped.
Speaker 5 (12:04):
To do is bring confidence back. We saw Australia consumer
sentiments start to rise, and I think that played out
in our housing market as price growth and as the
year unraveled, we really did see momentum come back into
our housing market. And we even saw canbra prices, which
we know it underperformed, they started to rise as well.
Speaker 3 (12:24):
Okay, and I love asking you know, data specialists about
this because so much work gets put into these reports
and then at lands on your desk, and I know
you put a lot of it together. But what's what's
almost the one big thing that sort of pops out.
Was there a big surprise for twenty twenty five?
Speaker 4 (12:41):
Look, I think there was.
Speaker 5 (12:42):
I think it was the speed in which investors came
back into the market, because.
Speaker 4 (12:45):
We saw over the past two quarters.
Speaker 5 (12:47):
Investor lending surged by twenty percent. And also I think, well,
I don't know if it comes as a surprise, but
investors did target established homes. So what that does is
it doesn't add to new supply. It really just helps
to tighten com petition for owner occupiers in the established market.
Speaker 4 (13:03):
So I think for me, it was the speed of.
Speaker 5 (13:04):
Investors, but also the rate of momentum that came back in.
We did see rate cuts, you saw boring catacity increase
by about seventy four thousand dollars, but many of our
capital cities saw price growth exceed that, so actually that
additional boring power was just absorbed by higher pricing.
Speaker 2 (13:22):
Okay, And there were a number of key shifts for
twenty twenty five. Were there any of those that surprised you?
Speaker 5 (13:27):
Look, there were some shifts. In Canberra. Paul was the
top search term, then in second we had view, So
it really does show kind of that lifestyle shift that
we're seeing in Canberra. But we also saw functional living
surging in Canberra, so courtyard actually jumped into the top three.
We also saw study rose from twelfth last year into six,
(13:51):
and that was on that national level. But one of
those national things that we also saw was this growing
interest in duel living.
Speaker 4 (13:58):
What we really did see is the.
Speaker 5 (14:00):
Increase in search terms associated with affordability, and I think
that really just shows the pressure that is on Australia's
housing market around price points.
Speaker 3 (14:09):
Okay, so let's push the report aside just for a moment,
because you leave and breathe this stuff. What do you
make of the twenty and twenty five real estate ear look.
Speaker 5 (14:20):
I think the real estate year really does show that
confidence did return. I think that what we saw from
buyers is they came back to market with a bit
more certainty. But I think for me, when I look
at bioactivity, I think they came to market, but they
were much more realistic. I think that what we've seen
is buy they're adapting. They're searching for slightly different homes
(14:42):
because we've got to remember that affordability is still really
pressured in Australia. And I think that what that means
for buyers is they're not necessarily stepping away, they're just
changing what they're searching for. And I think we've also
seen that Australia they're prioritizing flexibility, function, analysy and lifestyle
in their housing choices.
Speaker 2 (15:03):
Okay, well that's twenty twenty five. Let's see you what
twenty twenty six brings. Nicola, Thanks and real Estate Show
on the show all throughout the years always and I
look forward to chatting to you again in the new year.
Speaker 5 (15:15):
It's always a pleasure.
Speaker 4 (15:16):
Thank you.
Speaker 2 (15:16):
Thanks so much, doctor Nicola Powell, Head of Research and
Economics at Domme Well.
Speaker 3 (15:21):
Those are the interviews we most enjoyed and last week's
Mix one O six point three real Estate Show. If
you love hearing about the latest trends, or you're just
up for a sticky beak, be sure to drop by
for a listen this Saturday between nine and ten
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