What does RBA’s rate cut mean for you?

Key Points:

The RBA announced a cash rate cut of 0.25% – the first change in rates since August 2016. The Big 4 Banks have swiftly passed on this cash rate cut to their interest rates.Lower interest rates means cheaper borrowing, which will assist mortgage holders and encourage buyers that have disengaged from the property market to re-evaluate their situation.Although lower rates are positive, other factors need to be taken into account to determine the overall impact of interest rates on the property market.

On 5 June 2019 at 2:30pm, the Reserve Bank of Australia’s highly anticipated announcement hit the media, and banks and fintechs went wild! The RBA declared a cash rate cut of 25 basis points (0.25%), leaving the cash ra...

Read More… By BrickX - 20 Jun 2019

Will ScoMo save the Australian property market?

Australia’s housing market is looking to be reignited thanks to a combination of factors including a stimulus package focused on helping first home buyers, tax cuts, lower ­interest rates and increased infrastructure spending. A...

Read More… By BrickX - 30 May 2019
property clock graphic with labels of 4 phases: boom, bottoming, bust and recovery Property

Timing the market with the Property Clock

Whether you’re a seasoned property investor or looking to buy your first home, you’re probably aware of the importance of knowing when to buy or sell. You could say to yourself, “it doesn’t matter, it will go up in value eventually”...

Read More… By BrickX - 24 May 2019

Meet our premier Perth property

We’ve launched our first Perth property! If you haven’t done so already, read about why the BrickX property team chose to buy in Perth. Our property is located in the quaint suburb of Kensington in South Perth. Meet Kensington Let m...

Read More… By BrickX - 19 Feb 2019

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Perth property – what’s the go?

Key points: The mining boom saw house prices skyrocket and then slide over the last four years as market values declined. Perth’s property market is the most affordable it’s been in 17 years and there are signs that we’re approachi...

Read More… By BrickX - 4 Feb 2019
BrickX Property Team Update Property

The latest from the BrickX property team

The BrickX Property Team is made up of professional property buyers, economists and industry experts who work together to provide guidance on our property strategy. Every quarter the team meets to discuss market trends and future op...

Read More… By BrickX - 20 Dec 2018
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