The latest figures from the Australian Bureau of Statistics show that inflation has slowed further, with the Consumer Price Index (CPI) rising just 1.9% in the 12 months to June — down from 2.1% in May. Underlying inflation has also eased to its lowest point since December 2021, now sitting at 2.7%, well within the Reserve Bank of Australia’s target range of 2–3%.

In response, the RBA has cut interest rates — and economists believe we could see one or two more cuts before the end of the year. For homeowners and buyers, this means cheaper borrowing costs and potentially more flexibility in loan options.

However, while lower interest rates can make repayments more affordable, they also tend to drive more demand in the housing market — and prices have already reached new record highs across Australia. This means that if you’re planning to buy, acting sooner could help you secure a property before competition and prices rise even further.

For sellers, this is a window of opportunity. Lower interest rates can bring more buyers into the market, creating stronger demand and the potential for higher sale prices.

If you’re buying, get pre-approved so you can move quickly when you find the right property.

If you’re selling, consider bringing your property to market while buyer demand is building.

With the next RBA decision due on 30 September, there’s no better time to review your property plans. Whether you’re buying, selling,  we can help you take advantage of the current market and secure the best possible outcome.