The tide is turning. After a period of tightening, Australia is entering a new phase of monetary policy – with interest rates finally beginning to ease. So, what does this mean for the property market?
Here’s what we’re expecting:
Increased buyer activity
Lower rates improve affordability and boost borrowing power. We’re already seeing a rise in buyer sentiment, particularly among first-home buyers and upgraders. Expect open homes to get busier and auction clearance rates to lift.
Price growth returns
Many markets, especially in major cities and lifestyle regions, have shown resilience. With borrowing conditions improving, price growth is likely to resume – particularly in tightly held areas where supply remains low.
Investors re-entering the market
With rental demand surging and yields remaining strong, lower interest rates will once again make investing in property attractive. We anticipate a renewed investor presence, particularly for well-located townhouses and apartments.
Refinancing surge
Homeowners will look to switch from high fixed or variable rates to more competitive deals. This could mean huge opportunities for savvy borrowers ready to act.
At MAW Money, we’ve got a front-row seat to the shift that’s underway. Whether you’re looking to buy, invest, or refinance, now is the time to start the conversation.
The window of opportunity is here – and we’re here to help you make the most of it!
Ready to get started? Get in touch with our team today for an obligation-free chat.