The Big Picture

Updates beyond the market

A place for perspective beyond the deal itself.

Observations, opinions, and stories that sit adjacent to property, offering context, judgement, and a wider view than any single market.

What $100 Oil Means for Melbourne Property

The Strait of Hormuz has been effectively closed since late February 2026. There is a chain of consequences running from that narrow waterway directly into Melbourne's auctions. A chain of events most property commentary isn't tracing. This piece follows the transmission from logistics disruption to borrowing capacity, auction dynamics, and negotiation conditions in inner Melbourne.