RBA Cash Rate August 2023 & Australian Housing Market Update
The Property Couch
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The Effect of Interest Rates and Inflation on Property Prices
Sydney and Melbourne, price recovery is always led by the 75% quartile market. They are less affected by these interest rate stories than those with higher incomes. Brisbane, Adelaide and even Perth for that matter, the price performance is coming from the bottom quartile of the market. Then you obviously go and see Hobart, Darwin and the ACT, again Hobart,Darwin and the ACT being led by that higher end of the market as well. And I've got more to say about that in my closing statements.
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