03/02/2026
As widely expected, the Reserve Bank has lifted interest rates by 25 basis points at its first meeting of 2026, taking the official cash rate to 3.85%.
While no one loves a rate rise, it is worth keeping the bigger picture in mind. The decision from the Reserve Bank of Australia reflects an economy that is still showing resilience. Employment remains strong, unemployment is sitting near historic lows, and more Australians are participating in the workforce. These are important foundations for long term economic stability.
From a property perspective, higher rates can also bring balance back into the market. Less frenzied conditions often mean more choice for buyers, steadier price growth, and better quality decisions rather than rushed ones. For homeowners, Australia’s long term track record of housing growth has been built through many rate cycles just like this.
It is also a timely reminder of the importance of understanding where you stand. Knowing your current property value helps you make smarter decisions around refinancing, investing, or planning your next move.
If you are curious about what your home might be worth in today’s market, you can get a free property valuation at
👉 wotprice.com.au
Staying informed, prepared, and focused on the long term is key.
