Q1 2026

“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.” “We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“

We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”

“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.” “We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“

We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”

“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.” “We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“

We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”“We basically just modified openings, reused the bricks that were on site,” he says. “But that was enough for us to get a third bedroom, which we desperately needed.”

Trend one.
Capital gains tax changes | economic update 
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Leave space for pull-out/highlight quote  
The hesitation effect 

• CGT uncertainty is influencing seller decision-making - owners sitting on significant gains are pausing, weighing up the cost of selling now vs. holding 
• This is contributing to constrained stock levels across Sydney's key lifestyle markets 
• [Placeholder: BW days on market data / stock level data to be inserted] 

 
The broader economic backdrop 

• CGT doesn't sit in isolation - interest rates, cost of living pressures and broader economic sentiment are all shaping buyer and seller confidence heading into 2026 
• Despite headwinds, demand in Sydney's inner and lifestyle markets remains resilient 
• [Placeholder: any relevant BW or Cotality macro data point here] 

 
The opportunity window 

• For some owners, the current environment is actually accelerating decisions - getting ahead of further potential changes 
• Buyers who have been sitting on the sidelines may find this creates selective opportunity 
• [Placeholder: Will Gosse pull-out quote to be drafted and reviewed]

TREND #2  
 
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TREND #3

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