Aussie City Sees Brief Window for Affordable Housing Opportunities
2025-02-21
9News.com.au
A property expert reveals that the Reserve Bank's recent rate cut will primarily benefit mortgage holders and investors in affluent suburbs across two major capital cities. However, this modest change may also create a tiny 'window of opportunity' for affordable homes in one Aussie city, making it an ideal time for first-home buyers to enter the market. With interest rates at a low, now is the time to explore affordable housing options, including apartments and townhouses, in up-and-coming suburbs. Key areas to watch include those with high rental yields and potential for long-term growth, driven by demand for affordable housing and infrastructure development.