Surging property profitability, How this PM went above & beyond, Best warehouse conversions on the market, plus news and more

Good Morning from Elite Agent

A few folks may be bandying around the idea of a May interest rate cut, but it seems Elite Agent readers think a September drop is much more likely. According to the results of our snap poll from Movers + Shakers, our new Sunday newsletter (subscribe here), precisely zero Elite Agent readers think the RBA will cut rates in May. Instead, 54 per cent of you say a rate drop is most likely in September, while 38 per cent think Michele Bullock will wait until early 2025 and 8 per cent say late next year is when rates will fall.

And to keep you up-to-date this long weekend, don’t forget the Elevate podcast, with guest Josh Horner, will drop on Saturday, while Movers + Shakers will arrive in your inbox on Sunday morning. Both go really well with an Easter egg, trust us! We’ll be eating a bit of chocolate ourselves, so The Brief will be back on Tuesday. Until then, have a safe and Happy Easter.

Today, we’re also covering

• The PM that went above and beyond for her tenant

• The best warehouse conversions on the market

• Property market profitability has surged again

• Is Darwin on the edge of a market boom?

• And much more!

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On our radar

Rapid response creates calm

Here’s a story to warm your heart this long weekend, with an incredible property manager going above and beyond for a tenant who just had their car stolen. Before Ray White Inner North’s Kat Byrne could organise to get her tenant’s locks changed, she first had to approach the situation with compassion and put her tenant’s fears at ease, before leading her through what to do. “There’s nothing worse than not feeling safe in your own home…So you have to take all of those concerns onboard and picture yourself in that situation,” Kat says. You’ll find the full story, and Kat’s tips on what to do if you’re ever in the same situation, here.

We want to bring you the good news! If you know of a real estate professional who has gone above and beyond to help a client or the community, drop us a line at [email protected].

Today’s Feature

The best Australian warehouse conversions on the market right now

Across Australia, warehouse conversions are transforming urban landscapes, marrying industrial heritage with modern luxury in cities like Melbourne and Sydney. These unique properties, offer a rare glimpse into a lifestyle that combines the spaciousness of suburban living with the edgy flair of city life. As buyers seek out these niche homes, they're not just purchasing property; they're investing in a piece of history, reimagined for contemporary living. More here.

Today’s Quiz

Easter: The only time its safe to put all your eggs in the one basket. Can somebunny tell us which of these is the AI?

Brekky Browse

People are talking about these. Read up; join in!

There’s less pain and much more gain
The property market has surged in profitability

Darwin property about to boom
Prices have risen 30 per cent in some area

Easing WA’s housing crunch
Why the FHOG needs to be extended

Lead with empathy, close with care
Why you need to choose your words carefully

Pitching for a US$14.5M sale
Cole Hamels’ former estate up for grabs

Put The Brief in your ears
with thanks to AI Powered Agents

Anything else?

It’s a time warp

Have you ever turned to a colleague and noted, “Gosh this week has gone fast”, only to have them say, “Really? It’s dragged on forever”. Well, according to Wilfrid Laurier University psychologist Anne Wilson, that‘s because the way time passes can feel different to different people. Your subjective sense of time can also affect how you think, feel and do things each day. And if you happen to feel like you want to make the most of your time today, and get ahead of the Easter downtime, Caroline Bolderston has some super good tips for getting the most out of the hours in your day, here.