How high will rates go? Here's what experts think about the RBA cash rate
The big four banks have all cast their predictions for the next few years of cash rate movements. For the average owner-occupier paying a variable rate, your home loan rate could reach 6.86% by the first half of 2023.
Sydney’s Property Prices Climb for First Time in 13 Months
Sydney property prices, the bellwether of the Australia market, advanced for the first time in 13 months in February in a positive sign for home values that have been under pressure from rising interest rates.
Prices in Sydney climbed 0.3% last month, their first increase since January 2022, while Melbourne and Brisbane slipped 0.4% apiece.
Source Link: https://www.bloomberg.com/news/articles/2023-02-28/sydney-s-property-prices-climb-for-the-first-time-in-13-months