The RBA has raised the cash rate to 4.85%. What does that change for Australian housing? On the Australian Property Podcast, Pete Wargent and Chris Bates unpack the decision, the reaction from mortgage borrowers and the latest signs of a property market moving at different speeds.
In this 2 Sense news episode, Pete and Chris compare conditions across Sydney, Melbourne, Brisbane, Perth and the regions. They discuss prices, listings that linger unsold and why a quieter market is not necessarily the same thing as a wave of forced sales. Chris asks whether investor-heavy areas face a different set of pressures from suburbs where owner-occupiers drive demand.
The forecasts are moving too. Pete and Chris look at how quickly expectations for house prices have shifted and debate what might bring the market to a floor: interest rates, employment, buyer confidence or sellers simply withdrawing properties. Rather than calling a turning point, they ask what would need to happen next.
The rate rise also has a human side. They discuss borrowing capacity, mortgage costs and the risk that recent buyers with small deposits could find their equity squeezed if prices fall. In listener questions, they move from the national headlines to a family home in Balmain and the competing risks facing someone considering an upgrade.
The result is a clear-eyed property news roundup: what changed this week, why the picture differs by city, and which signals buyers and owners should watch. The discussion is general information, not a personal recommendation or a promise about where prices go next.
