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Interest Rate Announcement

-0.25%

Today, the RBA announced another 0.25% rate cut, reducing the official cash rate to 3.85%.

Investors

  • Labor win will further boost current house price growth? (Ray White)

  • Consumer sentiment recovery resumes (Westpac)

  • Boom without bust: Perth's new property market is here to stay (Domain)

  • 5 market signals every property buyer should watch (AFR)

  • Unemployment rate remains steady at 4.1% (ABS)

Home Buyers Around the Country

  • Major call for homeowners: RBA makes huge call on rates (News)

  • Lenders are cutting home loan rates before the RBA does (ABC)

  • Satellite city suburbs soaring into the stratosphere (Realestate.com.au)

  • Highest volume of auctions since the week prior to Easter (CoreLogic)

  • The illegal auction trick pumping up property prices in Australia (9NEWS)

  • What does $1 million now buy in Australia’s housing market? (CoreLogic)

Property Stat of the Week

Property Chatter

This Melbourne home could be all yours for a cool $40,000,000. It’s a stunner! 👀

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