Current RBA Interest Rates Bring Balance to the Property Sector

The current 2.5% interest rate should be maintained by the RBA, according to the Real Estate Institute of Australia. RBA’s consumer inflation rate is at 2.2% as of this year, within the normal ranges of 2% – 3%.

The housing sector has increased by 2% as of the September quarter, a 0.6% increase from the previous quarter. Rent has also increased by 3.2% as of this year, showing clear signs that because of low interest rates; markets have shown steady performance and balance even if there is an increase in property investments.

Read more about this on the Property Observer website.

Author: Dorian Traill

Dorian Traill is the current Director of Grand Capital Finance Group and Fountain Property Group. He specialize in home loans for people as well as helping them build wealth through quality investment properties that ultimately lead to long term financial freedom.

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