23/06/2026
It's been a week since the Reserve Bank announced it would keep interest rates on hold for the first time this year.
That's led many to ask us: What does that mean if you're thinking about buying or selling? π€
π‘ For buyers:
A rate hold provides a little more certainty around borrowing costs and budgeting. For some, it may be the confidence needed to stop waiting and start actively looking for the right property.
π For sellers:
Stable interest rates can help maintain buyer confidence and demand. We're continuing to see strong interest across the Illawarra, particularly for well-presented homes in desirable locations.
The reality is that property decisions are about more than interest rates alone. Lifestyle changes, family needs, work opportunities and long-term goals often play just as big a role.
If you've been considering your next move, now could be a good time to review your options and understand what's happening in your local market.
π North Wollongong: (02) 4229 6311
π Austinmer: (02) 4268 1399
π www.amrutty.com.au