29/09/2026
RATES UP 0.25% - IS THIS GOOD NEWS FOR PROPERTY BUYERS?
The RBA has increased the cash rate by 25 basis points to 4.60% the highest the cash rate has been in 15 years.
For mortgage holders, assuming lenders pass the increase on in full, that’s approximately:
$500,000 mortgage: +$76 per month
$750,000 mortgage: +$114 per month
$1,000,000 mortgage: +$152 per month
But for buyers, there’s another side to the story.
Higher rates reduce borrowing capacity for some buyers, which can mean fewer buyers competing for the same property.
For buyers who have already factored higher rates into their borrowing capacity, have finance in place and are ready to purchase, this could create an opportunity.
We’re already seeing a softer market around Australia with more properties available, less buyer competition and sellers becoming more realistic on price and willing to meet the market.
But the Gold Coast and Brisbane seem to be bucking that trend.
While some buyers may choose to sit on the sidelines, prepared buyers can use this environment to their advantage, potentially securing a better property, negotiating harder or buying into a suburb they previously thought was out of reach.
The rate might have changed. The fundamentals of buying well haven’t.
At COAST, we believe you make money in property when you buy and market conditions like these can create opportunities for buyers who are ready to act.
Ready to take advantage of the changing market?
Talk to COAST Buyer’s Agency and Get Home Sooner.