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Pete Wargent Daily Blog

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Podcast: Property in review for 2025, and the 2026 outlook?

Australian Property PodcastChris and I took a look at 2025 in review, and the property market outlook for 2026.Here's the episode overview:Episode overview2025 – strong price growth in Perth and Brisbane, also Darwin boomed2026 – forecasts. 


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Long-term arrivals at new highs

Arrivals power upThe number of permanent and long-term arrivals over the 12 months to November rose to 1.15 million, a new record high.On a net basis, permanent and long-term movements increased to +476,960, having 'bottomed' out in January 2025.


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Rents are reaccelerating

Cotality Chart PackCotality released its latest monthly housing Chart Pack, which showed the reacceleration in rents.Rental price inflation over the 2025 calendar year picked up to +5.2 per cent, following on from the +4.8 per cent increase in 2024. 


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Unemployment to rise as job vacancies ease

Job vacancies ease a bit furtherJob vacancies fell only slightly over the 3 months to November 2025, according to the ABS.Other private measures have tended to show a weaker trend.Over the 12 months to November, job vacancies were -5.2 per cent lower (-17,800 fewer vacancies).


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A small win for US inflation (Core CPI lowest since 2021)

US inflation easesThe BLS released the latest US inflation figures which came in at 2.7 per cent over the year for headline, and 2.6 per cent for all items less food and energy.The figures are not complete due to the October figures not having been reported, so the figures may be treated with some caution. 


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