2GB with John Stanley: Property Uncertainty, Rising Costs & the Supply Challenge
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2GB with John Stanley: Property Uncertainty, Rising Costs & the Supply Challenge
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On 2GB Nights with John Stanley, Peter O’Malley joins the program to discuss why the property market feels increasingly uncertain despite seemingly steady auction results. Beneath the headline numbers, buyer competition is thinning, demand is softening, and the outlook for housing supply remains constrained by high construction costs and economic pressures.
They also discuss:
- Holiday weekend conditions and what a “quiet” market really means
- Sydney auction results and signs of weaker buyer competition
- Why interest rate hikes are having a greater impact than budget announcements
- Winter’s low stock levels masking softer underlying demand
- The risk of a spring listing surge placing further pressure on prices
- Which groups are most exposed to losses, including recent purchasers and first home buyers
- How stamp duty, selling costs, and interest expenses affect real-world outcomes
- Soaring construction costs pushing smaller developers out of the market
- Why only large-scale projects currently stack up financially
- The clash between negative gearing proposals and the realities of development feasibility
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