RBA Drops Rates by 0.25% – Why Now is the Time to Buy and Sell
The Reserve Bank of Australia has trimmed the official cash rate by 0.25%, and the effects are already rippling through the property market. Lower interest rates mean more affordable loans for buyers and renewed confidence for sellers — the perfect recipe for a busier, more competitive market in the months ahead.
- Growth on the Horizon – Economists are forecasting 6% national growth in 2025, with Queensland tipped to perform strongly.
Why Buyers Are in a Stronger Position
Cheaper interest rates make repayments easier and open the door to greater borrowing potential. For first-home buyers, it could mean entering the market sooner than expected; for upgraders, it might finally put that dream home within reach. With more people ready to make a move, competition at open homes is expected to rise.
- Boosted Borrowing Power – Some households could see their borrowing capacity increase by as much as $49,000
- Timing Advantage – Acting now could mean securing a property before the next price climb.
Why Sellers Stand to Benefit
A surge of eager buyers creates urgency — and urgency often leads to better results. We could see more multiple-offer situations, stronger auction outcomes, and quicker sales. If you’ve been considering listing, this market could work strongly in your favour.
- Stronger Demand – With low stock levels, quality homes are likely to attract intense interest.
- Premium Prices Possible – More motivated buyers can translate into higher sale prices.
Open Homes on the Rise
The coming weekends are set to be busy. With buyer confidence high and competition heating up, expect bustling open homes, faster offers, and plenty of activity in the market.
The Takeaway
This rate cut could be the spark that ignites a vibrant property season. Whether you’re buying, selling, or investing, moving early could give you a valuable edge in what’s shaping up to be one of the most active markets in years.
Ready to get started? Contact us today on 07 4125 5399 for a free sales appraisal!
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