Why Interest Rates Affect The Australian Property Market

Are you feeling the pinch of rising interest rates on your property dreams? Wondering how these changes will impact the Australian property market in 2023 and 2024?

In this episode of Talk Property to me, join hosts Casey Taylor, managing director of Tailored Property Wealth, and Brad East, award-winning mortgage broker and founder of Wise buy Home Loans, as they unpack the effects of interest rates on the Australian property market. From the shock of climbing rates to strategies for property investors and the future of borrowing costs, this episode is packed with valuable insights for homeowners, investors, and first-time buyers alike.

EPISODE AT A GLANCE

  • How recent interest rate hikes impact borrowing and mortgage costs 
  • The surprising resilience of the property market despite financial stress. -Regional disparities in property market responses to interest rate changes. 
  • The effects of interest rates on property investment decisions. 
  • Consumer confidence and adapting to the “new normal” of higher rates. -Predictions for future interest rate movements and the role of refinancing. 
  • The ongoing challenges in the rental market due to increased interest rates.
  • The complex relationship between interest rates and the property market.

ABOUT THE HOSTS

BRAD EAST

Brad East is the Managing Director of Wisebuy Home Loans. Brad is an award winning mortgage broker and has helped 1000’s of clients gain finance to purchase properties. Wisebuy Home Loans is the go to mortgage brokerage for clients wanting out of the box applications approved.

Website → https://wisebuygroup.com.au

LinkedIn → https://www.linkedin.com/in/newcastlemortgagebroker/

Instagram → https://www.instagram.com/bradeast_mortgagebroker/

Facebook → https://www.facebook.com/bradeastofficial

CASEY TAYLOR

Casey Taylor is the Managing Director of Taylored Property Wealth who specialises in helping clients purchase high performing investment properties. Casey has a huge amount of knowledge when it comes to property investment and will be sharing this with the listeners.

Website → https://tayloredpropertywealth.com.au

LinkedIn → https://www.linkedin.com/in/wealth-property-buyersagent-investment-financialfreedom/

Instagram → https://www.instagram.com/casey.taylor_tpw_buyersagent/

Facebook → https://www.facebook.com/tayloredpropertywealth

JOIN OUR FACEBOOK GROUP AND GET EXCLUSIVE CONTENT ABOUT ALL THINGS FINANCE & PROPERTY IN AUSTRALIA → https://www.facebook.com/groups/talkpropertytome

Check out this episode!