In this episode of Talk Property To Me, hosts Brad East and Aaron Downie unpack Australia's biggest housing challenges right now — rising unemployment, a slowing construction industry, and a record number of luxury homes for sale in Sydney.

As unemployment hits a four-year high, the RBA faces a tough decision: when will the next interest rate cut come, and what will it mean for homeowners, builders, and first-home buyers? They also explore why building completion rates are falling, how labour shortages and high construction costs are creating pressure, and what the government's 1.2 million homes target by 2029 really means for the market.

🔍 Key Topics Covered

🏠 Australia's unemployment hits 4-year high

📉 What it means for RBA rate cuts and mortgages

💰 Luxury homes surge: 150+ listings over $15M in Sydney

🏗️ Building approvals collapse and completions slow

⚠️ Construction costs still 30–40% above pre-2021 levels

🏡 Housing target: 1.2 million homes by 2029 — can it happen?

💬 How these factors could shape property prices in 2025

💡 Why Watch

If you're a homeowner, investor, or first-home buyer, this episode helps you understand how unemployment, rate cuts, and supply shortages are shaping Australia's property market for the year ahead.

Stay informed and make smarter property decisions.