Australia’s housing market in 2025 is a complex landscape. With rising property prices, construction delays, and affordability challenges, homeowners and investors need innovative solutions to stay ahead. One such solution gaining traction is the Know Your Home app—a digital tool designed to streamline home management and enhance property value.
1. Rising Property Prices Amidst Supply Shortages
Despite economic uncertainties, Australia’s housing market continues to see price increases. KPMG forecasts a 3.3% rise in house prices and a 4.6% increase in unit prices in 2025 . However, a confidential Treasury document warns that the government’s target of building 1.2 million new homes by 2029 is likely unachievable without significant boosts in construction activity .
2. Construction Industry Challenges
The construction sector faces significant hurdles, with nearly 7,000 firms going bankrupt over the past three years. High-profile collapses, such as Probuild and Roberts Co’s Victorian arm, underscore the industry’s financial strain . These challenges contribute to delays and increased costs in home building and renovations.
3. The Importance of Home Maintenance Records
Maintaining detailed records of home improvements and maintenance can significantly impact a property’s value. Regular upkeep not only preserves the home’s condition but also provides transparency to potential buyers, making the property more attractive in a competitive market .
4. Digital Tools for Modern Home Management
In an era where digital solutions streamline various aspects of life, managing a home is no exception. Apps like Know Your Home allow homeowners to track maintenance schedules, store important documents, and monitor home improvements—all in one place. This centralized approach simplifies home management and ensures that critical information is readily available when needed.
5. Enhancing Property Value and Marketability
For investors and homeowners looking to sell, presenting a well-documented history of the property can be a game-changer. Detailed records demonstrate responsible ownership and can instill confidence in potential buyers. In a market where buyers are cautious and well-informed, having comprehensive documentation can set a property apart.
Conclusion
As Australia’s housing market continues to evolve, staying informed and proactive is essential. Leveraging digital tools like Know Your Home empowers homeowners and investors to manage their properties effectively, maintain value, and navigate the complexities of the current real estate landscape.
