16/06/2026
The RBA has held the cash rate today, and for many buyers, a period of stability may be exactly what is needed.
For first home buyers in particular, this could be an opportunity to start seriously considering a move into the market. With interest rates holding steady, buyers have a chance to better understand their borrowing capacity, plan their finances and make informed decisions without the uncertainty of immediate rate changes.
What is particularly interesting right now is that many investors appear to be sitting on the sidelines as they wait to see what eventuates from the Federal Government's proposed budget and taxation changes.
When one group of buyers pauses, opportunities can emerge for another.
We are currently seeing some quality properties available with less competition than many first home buyers would expect. That does not mean every property is good value, but it does mean there are opportunities for prepared buyers who are ready to act when the right property presents itself.
If you are considering entering the market, start by speaking with a qualified mortgage broker to understand your borrowing capacity and financial position.
Then surround yourself with the right professionals.
First home buyers often make some of the most costly mistakes simply because they have never been through the process before. Understanding value, identifying risks, undertaking due diligence and negotiating effectively are all skills that come with experience.
Property is a significant financial commitment. Taking the time to seek professional advice before making a decision can make a substantial difference to the outcome.
The market waits for no one, but informed buyers are always in a stronger position than those trying to navigate it alone.