Ok, so just ignore what I’ve said previously – interest rates have gone up.
But will it have any impact on property prices here in Brisbane? Well, I’ve spoken with a couple of agents about this, and they felt that there would be no real drop in the property market. The bottom end of the market and first-home buyers may find it a little tougher, but given that rates are still very, very low when compared with other years, and that the market is only going to go up, it is still a really good time to buy.
