First-home buyers: Sydney's clearance rate cratered to 48% — well below the 60% balanced-market threshold — creating rare opportunities. One Leichhardt semi passed in and sold for exactly its $1.7 million reserve to a young couple.
RBA's inflation fight: Sliding property prices are delivering Governor Michele Bullock an unexpected tailwind. The wealth effect works in reverse — nervous homeowners spend less, amplifying deflationary pressures...