THE AUSTIN EDIT - Weekly curated insights from the Glynis Austin Properties team
The Reserve Bank has kept the cash rate on hold at 3.60%, continuing its careful, “wait and see” approach as inflation proves slower to settle than hoped. For many households, this pause offers a welcome bit of breathing space — but it also signals that the RBA still wants clearer evidence that cost pressures are easing for good.
What’s keeping inflation sticky right now isn’t so much everyday spending, but the parts of the economy that are hardest to cool with interest rates — particularly services inflation and housing-related costs.
Rents remain elevated because rental supply is tight, construction costs are only easing gradually, and essentials like utilities and insurance continue to bite due to structural and regulatory factors rather than demand. In other words, even when consumer spending softens, these costs don’t quickly follow.
Here in Brisbane’s Inner West — especially Paddington, Bardon, Red Hill, Ashgrove and The Gap — we continue to see that same push-pull in the market. Quality homes in tightly held streets are still attracting strong interest, while the rental shortage keeps pressure on tenants and investors alike. The RBA’s hold reinforces what we’re seeing locally: conditions are steady, but decision-makers are watching the housing sector closely.
For sellers, a stable rate environment tends to support buyer confidence — particularly for family homes, character properties, and well-located renovations that Inner West buyers love. For buyers, it’s a reminder to stay prepared: while cuts may come later, the timing will depend on how quickly housing costs and services inflation cool from here. If you’re thinking about selling in 2026, this kind of “steady but cautious” climate is a good time to start planning — so you’re ready to move when the next wave of motivated buyers steps forward.
As always, if you’d like a clear read on what your home could achieve in today’s Inner West market, we’re happy to provide a no-pressure appraisal and talk you through the best timing for your goals.