Rates Don’t Rate a Mention

Despite what some parts of the media may have us believe, interest rates are not a major influence on whether people buy or sell. A survey by InfoTrack shows that buyers and sellers are more focused on affordability.

It says 45% of buyers and sellers say it is not a consideration for them at all and only about 5% of respondents held off buying or selling based on the current interest rate.

InfoTrack head of property Australia, Lee Bailie, says the findings challenge the idea that interest rates are stopping people from buying or selling.

Almost a third of those surveyed say property prices are the biggest challenge in the housing market and two-thirds of respondents say price determined where they bought property.

The Reserve Bank of Australia cut rates in August by 25 basis points to 3.6% it is the third interest rate cut in 2025. Interest rates were 4.35% at the start of the year.