Buying Property

With the homeownership dream increasingly out of reach for many Australians, the Queensland government has announced a ‘cost of living boost for first home buyers’—with the first home buyers’ grant being doubled from $15,000 to $30,000. The increase came into effect on the 20th of November and will remain until mid-2025, available for those buying or building a new home worth less than $750,000.

When was the last time you paid for something with cash?   Chances are, it may have been a while!   The share of all transactions conducted in cash has been in a steady decline for decades. This trend is only set to continue, with younger generations being far less likely to rely upon cash for the bulk of their purchases.

In our previous article, we conducted a bit of a deep dive into what CBDCs are, why governments are so interested in them, and where the RBA is in its ‘eAUD’ research. In this article, we’re looking more closely at CBDCs from a real estate perspective. What do property investors need to know about the potential functionality and uses of CBDCs? Here are just a few emerging trends to consider.

For real estate markets, one distinctive characteristic sets it apart from other, more fluid markets – a slower cadence. Unlike the constant volatility of stock markets, real estate is a slow burn. By the time sensational headlines proclaim an 'explosion' of house prices in a particular area, the conditions responsible for that headline had likely begun to coalesce months, or even years, beforehand. The headline you eventually see in the news, merely captures the crescendo of that slow collision of factors. It's almost like tectonic plates inching towards each other unseen, eventually creating a sudden outcome that gets our attention.