![\"\"](\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/9\/2025\/05\/PeterBurley-BuxtonBa_68508.jpg\")
<\/p>\n
The budget also includes $107 million to progress housing initiatives, and $197 million for homelessness support services, demonstrating a clear focus on improving housing access and affordability.<\/p>\n
Buxton Geelong Group director Matt Hunt said that the Geelong property market is showing early signs of momentum following the recent election, with growing confidence from both buyers and investors.<\/p>\n
“New government policies, such as the 5 per cent deposit scheme and the ambitious goal of building 100,000 homes, are helping fuel this optimism,” Mr Hunt said.<\/p>\n
“These measures are particularly beneficial for first-home buyers and are expected to push prices higher in the coming months.<\/p>\n
“However, as we discussed prior to the election, there are bigger factors at play, such as anticipated interest rate cuts, which will likely have an even more significant impact on the market.”<\/p>\n
Overall, Buxton Real Estate Group report that commentary from the regions point to strong demand, and post-election developments, along with new initiatives for first home buyers, that are all supporting another surge in activity.<\/p>\n
However, they still see many buyers remaining cautious and are taking a “wait-and-see” approach, closely monitoring how new policies and interest rate changes will affect prices and availability.<\/p>\n
“For those considering purchasing, now might be one of the best times to buy in Geelong before potential rate changes take effect,” Mr Hunt concluded<\/p>\n
In the growing regional centre of Bendigo, Buxton Bendigo Principal and Senior Auctioneer Matt Leonard said that there’s definitely a sense of stability returning to the market now that the election has passed.<\/p>\n <\/p>\n “While activity remained strong throughout the campaign in our region, the result has brought a clearer outlook, which always helps with buyer and investor confidence,” Mr Leonard said.<\/p>\n “The new government’s housing and economic policies aimed at accelerating housing supply and improving affordability are welcome, especially in regional centres like Bendigo.<\/p>\n “Easing planning restrictions, along with targeted development incentives, could go a long way in addressing the imbalance between housing demand and available stock.<\/p>\n “We haven’t seen momentum drop off, if anything, there’s renewed energy in the market post-election.”<\/p>\n In Victoria’s second biggest regional centre Ballarat, Peter Burley, Director at Buxton Ballarat, says that while elections can create market hesitation, the fundamentals of real estate remain unchanged.<\/p>\n “There’s no doubt that the election chatter caused a degree of uncertainty as people want to know what’s changing before making big decisions,” Mr Burley said.<\/p>\n “With all that now done and dusted, the reality is, life doesn’t stop, and people are still upsizing, downsizing, relocating for work, or making decisions around family needs.<\/p>\n “Our approach has always been to focus on what we can control: clear communication, honest advice and delivering value to our clients, that’s how you succeed in any market.”<\/p>\n![\"\"](\"https:\/\/static.timesnewsgroup.com.au\/prod\/uploads\/sites\/9\/2025\/05\/MattLeonard-BuxtonBe_66811-1-1024x1024.jpg?_t=1747268050\")