The first quarter of the 2026 calendar year has picked up right where 2025 left off. With new properties coming to market still somewhat limited and buyer demand remaining strong, prices are either holding firm or continuing to rise.

First-home buyers are making up a large portion of our enquiries, likely fuelled by ongoing stamp duty concessions and the new deposit scheme rolled out by the federal government.

Investors are also showing strong interest across many property types. However, their perception of value appears to be more conservative compared with buyers looking to purchase a home to live in.

There is, however, a clear line of demarcation for properties listed below $1,000,000. In this price bracket, demand remains as strong as ever. Above this level, there is a noticeable shift. Properties are still selling, but time on market has slightly increased.

In more recent weeks, developments on the world stage, which will undoubtedly impact oil prices, may have a swift flow-on effect on local economies and interest rates. Whether interest rates will rise remains to be seen, although many economists predict another increase within the next two sittings of the RBA.

Finally, recent commentary surrounding capital gains tax discounts for investors is fuelling speculation about what May’s Federal Budget might deliver. Any changes to these discounts would have significant ramifications across Australia’s property market.

For the first time in a generation, both sides of the political aisle appear to agree that the time for change is here. If changes are forthcoming (and depending on whether they are grandfathered or not), their impact will be felt by the next generation of home buyers.

Closer to home, Johnson Real Estate is proud to announce its merger with the sales division of Tim Altass Real Estate. Based in Morningside and operating for over 30 years, Tim Altass and his team bring a level of reliability and professionalism that many agents aspire to. This agency has now been rebranded as Johnson Altass, and we look forward to this exciting new partnership.

As always, Johnson Real Estate remains optimistic about the overall stability of the South East Queensland property market and continues to be available to assist. Whether you are buying, selling, or looking to have your investment managed, we would love to be of service.