After an unseasonably warm winter from a property market perspective, the spring selling season is here for 2025, and it promises to be a big one. 

With rising prices, a shortage of stock, and falling interest rates driving strong buyer activity, the stage is set for very favourable selling conditions in the next few months. 

But will there be an influx of new listings that calms the competition? Or will this spring be a seller's paradise? We look to the experts for answers. 

'Sparks may fly' in a supercharged spring selling season

It's been a very solid year for Australian real estate, with three interest rate cuts over six months boosting buyers' borrowing power and pushing prices up by nearly +4 per cent nationally. 

Cotality's latest report highlighted that a widespread shortage of listings has helped to concentrate competition amongst eager buyers, and in many markets we're now seeing price growth accelerate. 

"Once again we are seeing a clear mismatch between available supply and demonstrated demand placing upwards pressure on housing values", Cotality's research director, Tim Lawless, explained.

However, new listings are already beginning to rise as sellers look to enter the spring market early. 

Cameron Kusher, director of Kusher Consulting, predicts that it won't be enough to slow the positive momentum many markets are carrying into September. 

"Supply is still quite low in most markets, borrowing capacities have increased and consumer sentiment is improving," he said. 

"It looks set to be a strong spring with vendors confident they can sell and more buyers willing to purchase. Low stock levels will likely see value growth accelerate from here."

Westpac's consumer sentiment research confirms that buyers are feeling upbeat about the springtime, too. 

"We saw a very clear positive from consumers in terms of whether now is a good time to buy a dwelling following the August rate cut — that was up nearly 10 per cent," Westpac senior economist Matthew Hassan said.

"We're going to be in some really uncharted territory as far as tightness in the market goes. Sparks may fly as we head into the spring selling season."

City breakdown: What top agents expect for spring 2025

Things look to be very much in the seller's corner, at least on the national level. But there are markets within markets, and each city and state is on its own unique path. 

We heard from both buyer's agents and selling agents across five states to find out how they see the coming weeks and months panning out. 

Sydney: Penny Vandenhurk — Buyer's Agent at Purchase With Penny

"Stock levels are finally starting to pick up. After a long stretch of tight supply, we’re seeing more homes come online. It’s still early days, but even a slight increase in choice makes a real difference — especially as we head into the spring selling season. 

Combined with the [first home buyer] scheme changes, it’s shaping up to be one of the most dynamic periods we’ve seen in years."

Melbourne: Tristan Tomasino — Managing Director at Buxton Inner West

"Open home numbers have been fantastic … nearly three times what we’ve seen previously. We have also had a fantastic couple of months of listings. So naturally, that means that there will be a lot more supply coming to the market in spring. 

I think this year will be a fantastic time to sell, given we have seen an uptick in buyer activity… we’re expecting spring to be a very competitive end to 2025."

Gold Coast: Brenton Buttigieg — General Manager at M-Motion Real Estate

"I do believe we are heading towards a very active Spring market. I believe that we are going to see a number of properties come to market in the Spring as we head towards lower interest rates and a more stable marketplace. 

Having said this, I believe we will see just as many buyers enter the marketplace at the same time due to the anticipated rate cuts and larger selection of homes available at that time. All in all, I think it will be a very active spring"

Adelaide: Kirsty Hassan — Buyer's Agent at Property Home Base

"Spring typically brings more stock to the Adelaide market, and we’re expecting a seasonal lift again this year. However, whether it will be a significant increase is still uncertain. Many homeowners and investors remain cautious, carefully watching interest rate movements and broader market conditions before making decisions. 

Even if listings do rise, demand is still very strong, particularly in tightly held or high-performing suburbs. As a result, competition is unlikely to ease substantially. In many cases, the supply won’t keep pace with the number of active buyers already in the market."

Perth: Adan Nyeholt — Founder and Director at Rise Property Buyers

"We tend to talk about the anticipation of spring, seeing a surge of new listings, but in recent years that flurry hasn’t materialised due to a range of factors. 

I don’t believe we’ll see enough stock come to market this spring to ease the pressure that’s been steadily building through autumn and winter. Both investors and owner occupiers are now revisiting their budgets and feeling more optimistic about entering the market or upgrading, especially as lending conditions become more favourable."

All signs are pointing to a strong end to 2025

While we'll have to wait and see exactly how supply and demand balance out over the coming months, all the ingredients are there for a spring selling season that favours vendors. 

The possible swing factor to watch will be how quickly stock rises through September and October, and whether we get another surprise interest rate decision from the RBA later this month.

The big four banks are predicting another rate cut to come in November, but the previous three have already built up considerable momentum within the market, and another reduction so late in the year could be muted by a seasonal slowdown. 

For now, Cotality's report concluded that "vendors are in a strong position as we head into spring."

Thinking of selling this spring?

If you're looking to get in on the action in 2025, it's important to be as prepared as possible in order to cut through the competition and achieve a standout result. 

Step 1: Understanding how your market is performing

Every market is different, and understanding your local market is fundamental to making the right selling decisions. Our guide to tracking market trends and data will help you to get a clear picture of how your market is performing and how that impacts you as a seller. 

Step 2: Know what your property might be worth

Getting a free home value estimate is a great way to set a foundation for your selling expectations and begin planning the path forward.

Step 3: Get a no-obligation market appraisal from a top real estate agent

Understand what your property could sell for in the current market by speaking to the top-performing agents in your suburb. Comparing top agents in your area will help you find the perfect partner for your selling journey and move towards a successful result.

Step 4: Finally, get your property listing ready

Taking a thorough approach to preparing your home for sale is another critical step. From cleaning, decluttering, painting and performing other cosmetic renovations to home staging, photography and marketing, getting your property to sale-ready condition is a must.