Home Front
Tyrone Garz
Recent Sales in Maryville & Islington
I wanted to take a moment to update you on the Maryville & Islington property market.
Over the past 3 months, we ’ ve observed 24 properties change hands across Islington and Maryville. The standout sale? A tidy $1,935,000 on Estell Street
As of now, median values sit at around $1,100,000 in Maryville (houses), and about $935,000 in Islington (houses).
We’re seeing a healthy mix of buyers first home buyers, locals rethinking their space, and relocators biting the bullet and choosing us for our charm
This steady demand is helping underpin growth in the area not fireworks, but a quietly confident spark with more to come
What’s Happened & What’s Around the Corner Cycleway upgrade – The new 665 m separated bike + shared-path along Chinchen & Hubbard Streets is now complete (May 2025), with final line markings and lighting to follow – A high-profile arson & break-in from March 2024 resurfaced in the courts recently, reminding us that maintaining security is important.
If you are considering buying, selling, investing, or like to know how much your home is worth, please reach out on how we can help
How to buy in a tight spring market - John McGrath
Cotality research director Tim Lawless recently commented that vendors are in a strong position as they head into what will be a very active Spring selling season. I couldn’t agree more. Buyers should prepare to compete against larger than usual crowds at open homes and auctions - and not just because Spring is traditionally the busiest time of year for real estate. Both sales and rental markets in areas like Brisbane, Adelaide and Perth are still very tight.
CoreLogic’s September Home Value Index shows these cities have some of Australia’s highest annual dwelling values and rental growth. In Brisbane, house values rose 6.4% yearly, with rents up 5%, and similar figures in Adelaide and Perth This Spring, more first home buyers are entering the market, encouraged by the federal government’s expanded Home Guarantee Scheme. Despite affordability challenges, a recent Commonwealth Bank and Proptrack report found more first home buyers this past year than in the 2010s or before the pandemic. There are many reasons for buyers to act this Spring. The Reserve Bank of Australia cut rates three times this year the first cuts in nearly five years bringing the cash rate to 3 6% This has improved borrowing capacity, with more cuts expected later this year and in 2026. Meanwhile, real wage growth is at a five-year high, and unemployment remains low at 4%. Whether you ’ re an experienced or first-time buyer, here are my top tips: Homes are selling quickly, often above asking
price, so be ready to act fast But don’t skip your due diligence: secure pre-approval, check recent sales, explore local amenities, arrange building and pest inspections, and have a solicitor or conveyancer ready.
Your offer needs to stand out, as sellers have many buyers to choose from For auctions, consider making a pre-auction offer to avoid bidding stress but don’t offer more than you can afford.
Off-market buying can be less competitive and sometimes cheaper Expanding your search to new locations or property types may open up more opportunities.
If you ’ ve been waiting to buy, this Spring could be the time Interest rates are at their lowest since April 2023, borrowing capacity is improving, and with due diligence, owning a home is an investment you won’t regret.