Craig

Many holidaymakers are there right now for this long holiday weekend.

So if you are on the Sunshine Coast, enjoy as we take you up the road and into Brisbane to catch up with Asti Mariasmo from PRD.

And you have often...

spoken about the Sunshine Coast because of the way that it has blown up with these property values since COVID.

And good morning to you, Asti.

Plenty of oomphers, right?

That is an understatement, isn't it?

Let's have a look at Australia's economy this morning, because is it holding up better than many expect it?

Fewer than 1% of households are in negative equity and mortgage arrears, both for 30 and 90 days, remaining below 1.5% as it trends down into our 2026th.

So Asti, is that telling you that the foundation of the real estate market is still very stable?

Yeah, and the question now is whether global tensions, particularly in the Middle East, starts to shift sentiment locally.

I mean, so far, any impact looks indirect.

It's more about confidence and borrowing behaviour than any immediate hit to prices.

Or are you seeing something different to what I'm looking at?

Yes, and where we may see movement is across different buyer groups.

First home buyers, especially those who entered with low deposits, they're more sensitive to these rate changes and cost pressures that you're talking about.

Investors, on the other hand, they're weighing up all of those higher costs against strong rental demand and tight supply.

Asti Martiasmo is with us on our Saturday Property Show.

And if you're going to be on the roads today, drive carefully.

Plenty of idiots who are prepared to take risks out there, putting you and your family in danger.