The Reserve Bank has decided to leave official interest rates unchanged at a record low of 2.25 percent.
For more details, the RBA’s comments and interest rate settings can be viewed at www.rba.gov.au/statistics/cash-rate/
We believe this will continue to underpin confidence and strong demand in the property market. The number of properties for sale on the market is also down from the previous 12 months, and therefore we are currently experiencing a lack of supply of properties for sale.
If you would like to know what you’re home or investment property might be currently worth, then contact us now on 9499 6122 or 0412 608020.