Since January 2024, they’ve:

• rescued more than 45,000 kg of fruit that would otherwise have gone to waste
• built a team of over 540 volunteers
• supported more than 125 community organisations

How it works:

• It’s free. Register your tree online, and a team of volunteers will pick the fruit when it’s ready.
• Keep some for yourself. You’re welcome to keep up to a third of the harvest.
• You don’t need to be home, though plenty of owners like to say hello.
• You’re in safe hands. Every Harvest Leader holds a current police check.

👉 Register your tree: fruitshareadelaide.com.au/sign-up-tree

📞 Prefer to chat? Call Brett on 0408 914 139

No fruit tree? You can still help as a volunteer or in other ways: fruitshareadelaide.com.au/get-involved

It’s a lovely way to share what grows in your own backyard. Please pass this on to any neighbours with a heavy-laden tree too.

If you’ve been thinking about timing your sale, this month’s insights are worth your attention.

The $148,000 Question: Where Should You Invest for Growth?

New data from Cotality reveals a striking gap in capital growth that should matter to every property owner thinking about their next move.

Over the past 16 years, owner occupier dominated suburbs delivered significantly stronger returns than investor heavy areas. For unit buyers, the difference is substantial: properties in homeowner neighbourhoods gained 99% in value, compared to just 65% in investor focused suburbs.

Applied to the market, that’s an additional $148,000 in capital gains on the same investment.

Why the gap? Owner occupiers buy for lifestyle and livelihood. They renovate. They stay longer. They build equity intentionally. Investor properties, by contrast, can be more exposed to sudden supply shifts and market sentiment swings.

Your suburb’s composition matters. If you’re in a neighbourhood where families are staying put and improving their homes, your property likely outperformed market averages. Now is the moment to capture those gains while the selling window is open.

Scarcity is Real. Number of new rental listings are Down 16.7%

The rental market is signalling something crucial: there aren’t enough homes.

National dwelling vacancy rates sit at 1.6% (well below the five year average of 1.8%), and rental listings are 16.7% below their historical norm. This compression isn’t temporary. It’s structural.

Here’s what that means for your home sale:

• Limited competing stock on the market right now
• Buyers actively searching without enough options
• Price pressure built on supply shortage, not speculative demand

Key markets show even tighter conditions:

• Darwin: listings 26.1% below average
• Sydney: listings down 24.1%
• Melbourne: listings down 18.4%

Rental growth accelerating to 5.9% annually shows tenants are competing hard for limited stock. That same scarcity dynamic applies to home sales. Sellers holding inventory are essentially holding an asset in a tight market.

Inventory this tight rarely lasts. If you’ve been on the fence about timing your sale, the data suggests acting sooner rather than later.

Owner Occupiers Win Long Term

The data breaks down clearly:

Owner occupier suburbs: 136% house growth, 99% unit growth

Investor heavy suburbs: 117% house growth, 65% unit growth

The gap widened because owner occupiers provide stability. They don’t panic sell when rates rise or sentiment shifts. They renovate, they stay, and they build neighbourhoods rather than just collecting cash flows.

Tightening lending conditions and Federal Budget tax changes on negative gearing (from 1 July 2027) are also signalling a structural shift. Future investor demand for established stock may narrow. That advantage belongs to owner occupiers.

The neighbourhood quality you’ve built through years of ownership has real, measurable value. Properties in family focused suburbs with strong owner occupier density are positioned for stronger future performance too.

I’d like to understand your property’s position in this market and what the data suggests for your timing. Let’s have a quick conversation about whether this is the right moment for you.

Ashley Williams – 0450 327 772

The Australian Government has expanded the Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation to include the real estate industry. These reforms are designed to strengthen Australia’s financial system by improving transparency and reducing the risk of money laundering, terrorism financing and other serious financial crimes.

As a result, real estate agencies, along with several other professions, are now required to undertake identity verification and customer due diligence as part of property transactions.

The reforms apply to:

• Real estate agencies and agents

• Legal practitioners

• Conveyancers

• Accountants

• Trust and company service providers

• Dealers in precious metals and precious stones

What does this mean for you?

Whether you are buying, selling or otherwise transacting in property, you may notice some additional compliance requirements during the sales process.

Depending on your circumstances, we may ask you to provide documentation such as:

• Government-issued identification (for example, a driver’s license or passport)

• Information about the source of funds used for a transaction

• Information relating to your source of wealth, where required

• Company, trust or self-managed superannuation fund (SMSF) documents, if applicable

• Details of individuals who ultimately own or control a company or trust

• Any other information required to satisfy our legal obligations

Some transactions may require additional verification depending on their nature and complexity.

Why are these checks necessary?

These requirements have been introduced under Commonwealth legislation and apply to all real estate agencies operating in Australia. They are intended to:

• Help protect the integrity of Australia’s property market

• Reduce the risk of financial crime

• Increase transparency in property transactions

• Ensure compliance with the requirements administered by AUSTRAC

Your privacy remains important

We understand that some of the information requested is personal. Any documentation you provide will be collected, stored and handled securely, used solely for compliance with our legal obligations, and managed in accordance with the Australian Privacy Principles and applicable privacy legislation.

Records will only be retained for the period required by law.

We’re here to help

Our team has been preparing for these legislative changes and will guide you through the process should these requirements apply to your transaction.

While there are some additional steps involved, we’ll do everything we can to make the experience straightforward and efficient.

If you have any questions about the new AML/CTF requirements or how they may affect your next property transaction, please don’t hesitate to contact us.

Thank you for your continued trust and support. We look forward to assisting you with your property needs.

Market Overview

Adelaide continues to outperform most of its capital city peers as we move into June. While national headline figures have softened – driven largely by weakness in Sydney and Melbourne – Adelaide’s fundamentals remain intact: tight supply, ongoing population growth, and relative affordability continue to anchor the market.

The most recent PropTrack data for May 2026 puts Adelaide’s median dwelling value at approximately $944,000, with houses sitting just over the $1,006,000 mark and units at around $692,000. Annual growth remains among the strongest of any Australian capital, tracking at 12% to 14% year-on-year.

That said, the pace has moderated. The frenzy of mid-2025, when properties attracted multiple offers within days of hitting the market, has given way to a more measured rhythm. Buyers are taking longer to commit, finance conditions are being scrutinised more carefully, and some campaigns are running a little longer than sellers might expect.

This is not a sign of weakness – it is a sign of normalisation. Adelaide’s market is transitioning from exceptional growth to steady, sustainable performance. That is actually a healthier environment for well-prepared buyers and realistic sellers alike.

Auction Market & Buyer Demand

Adelaide continues to record the strongest auction clearance rates of any Australian capital city. For the week ending 24 May 2026, the clearance rate held at approximately 67%, comfortably ahead of the national combined capital average – firmly in the range where vendors retain the upper hand.

By comparison, Sydney and Melbourne have seen clearance rates slide into the low-to-mid 50s percentage range through May, reflecting the more pronounced impact of rate rises on borrowing capacity in those higher-price markets. Brisbane has been volatile. Adelaide has been steady.

The national picture tells a similar story: the combined capital clearance rate averaged around 52% in the week of 23 May 2026, well below the 63.5% recorded over the same week last year. Adelaide’s relative outperformance is not accidental – it reflects tighter stock levels, a more diverse buyer pool, and a price point that, while no longer cheap, still offers value relative to the east coast.

What this means in practice:

• Well-presented properties in established suburbs are still generating competition at auction
• Buyers who are pre-approved and ready to move quickly continue to have an advantage
• Vendors pricing at or below market expectations are achieving strong results; overpriced campaigns are sitting longer
• Private treaty is growing in popularity as some sellers seek more controlled negotiation environments

Price Performance: Houses & Units

Adelaide house prices rose approximately 0.9% in May 2026, with the median sitting around $1,006,000. Annual growth of approximately 12% to 13% reflects a market that has been steadily building throughout early 2026, even as momentum eases from the exceptional highs of 2024 and 2025.

Units have continued to perform strongly, with the median sitting at approximately $692,000 and annual growth tracking at around 13% – making the unit segment one of the stronger performers across both capital city and time horizon comparisons. This is driven largely by buyer demand from those priced out of the detached housing market and investors attracted by yields that still significantly outperform Sydney and Melbourne.

Across the broader Greater Adelaide market, the combined median dwelling value now sits close to $944,000. The city’s five-year performance – with values up approximately 77% – remains one of the strongest of any Australian capital, surpassed only by Perth and Brisbane over that period.

Suburb-level conditions to watch:

• Inner and middle-ring suburbs continue to attract strong owner-occupier competition, particularly family homes under $1.1m
• Entry-level and first home buyer price brackets (sub-$650,000) remain highly contested, with limited supply
• The unit corridor along the inner north and inner south continues to attract investor interest, underpinned by tight vacancy and rental growth
• Outer suburban areas are showing slightly longer selling times as affordability constraints stretch buyer reach

Interest Rates & Borrowing Conditions

The Reserve Bank of Australia raised the official cash rate by 0.25% at its May 2026 meeting, lifting it to 4.35%. This was the third consecutive increase in 2026 and effectively reversed all three of the rate cuts delivered in 2025, returning the cash rate to the level last seen before those reductions began.

The RBA cited persistent inflation above its 2-3% target range, strong household spending and rising energy costs as the drivers of its decision. The next board meeting is scheduled for 16 June 2026. Most economists – including analysts at CBA – expect a pause at the June meeting to allow previous rises to work through the economy. However, Westpac and a number of other forecasters have not ruled out further hikes in August if inflation data remains elevated.

For buyers, this environment means borrowing capacity has contracted compared to where it stood twelve months ago. A $600,000 mortgage holder with 25 years remaining faces roughly $91 more per month in repayments following the May increase alone. Combined with the cumulative impact of three hikes, the effect on household budgets is material.

Practical implications for property decisions:

• Get pre-approval sorted before searching – your borrowing limit today may differ from what you expected
• Factor in rate buffer scenarios: test your repayments at an additional 0.5% to 1% above current levels
• Finance clause wording in contracts deserves careful attention – approval timelines and expiry dates matter
• Sellers should understand that buyer pools are smaller than twelve months ago; pricing realistically is more important than ever

Rental Market & Investment Outlook

Adelaide’s rental market remains one of the tightest in the country. Vacancy rates are sitting at approximately 0.7% to 0.8% – near record lows – with little sign of meaningful relief in the near term. Annual rental growth of around 3.5% to 3.7% for houses is tracking in line with inflation forecasts, reflecting a moderation from the exceptional growth of previous years, but still firmly positive.

Gross rental yields for Adelaide dwellings sit at approximately 3.5%, with units offering a marginally higher return. While this is below historical averages in yield terms – a consequence of the strong capital growth of the past five years – it compares favourably to Sydney and Melbourne, where yields have been compressed further by higher purchase prices and more modest rent growth.

For investors, the case for Adelaide continues to rest on a combination of factors: near-zero vacancy, consistent rental income, ongoing capital growth (albeit at a more measured pace), and a price point that allows for more manageable entry into the market than the major east coast capitals.

The caveat for 2026 is the impact of higher interest rates on holding costs. Investors who purchased with significant leverage over the past two years should model their cash flow carefully at the current 4.35% cash rate – and stress-test against a possible further increase. Those who have held for three or more years will generally be in a stronger position given the capital growth accrued.

Key rental stats at a glance:

• Vacancy rate: approximately 0.7% (near record lows)
• Annual house rent growth: approximately 3.6%
• Gross rental yield (dwellings): approximately 3.5%
• Units continue to offer yields that outperform Sydney and Melbourne equivalents

Supply & New Listings

Housing supply across Greater Adelaide remains constrained. New listing volumes have not returned to historical norms, and winter typically brings a further seasonal reduction in stock coming to market. Construction delays – driven by elevated building costs and labour shortages – continue to limit the pipeline of new dwellings.

This supply deficit provides a structural floor under Adelaide values. Even as buyer demand moderates with higher rates, the lack of available stock prevents the kind of oversupply that can accelerate price corrections. This dynamic is expected to persist throughout 2026.

For buyers, the implication is that well-located properties in sought-after suburbs are unlikely to sit on the market for extended periods, even in a slower environment. Being prepared – with finance in place and a clear brief – remains essential.

Guidance for Buyers, Sellers & Investors

For Buyers

This is a more navigable market than twelve months ago. Competition still exists, but the urgency that defined 2024 and early 2025 has eased. Use this window to be thorough: secure pre-approval, understand the contract conditions you are signing, and don’t rush a decision purely out of fear of missing out. Quality properties are still selling – but so is patience.

For Sellers

Adelaide remains a seller-friendly market by national standards, but the days of under-quoting and watching multiple unconditional offers roll in are less common. Presentation matters. Pricing correctly from day one matters. Work closely with your agent to set a realistic campaign strategy that reflects current comparable sales – not the peak of mid-2025.

For Investors

Adelaide continues to stack up on fundamentals: tight vacancy, positive rental growth, relative affordability and long-term capital growth credentials. The unit segment in particular offers the best combination of accessible purchase price, yield, and capital growth potential right now.

That said, the May 2026 Federal Budget introduced changes that every property investor needs to understand before making a purchasing decision.

From 1 July 2027, negative gearing on established residential properties will be abolished for any property purchased after 7:30pm on 12 May 2026. This means investors who buy an established property from 13 May 2026 onwards will no longer be able to offset rental losses against their salary or other personal income. Losses can only be carried forward and offset against residential rental income or future capital gains from property. Existing investors and those who were already under contract before Budget night are fully grandfathered and unaffected.

New builds remain entirely exempt. Investors purchasing eligible new build properties will retain access to both negative gearing and the existing 50% capital gains tax discount.

The CGT discount itself is also changing: from 1 July 2027, the flat 50% discount will be replaced by an inflation-based discount, with a minimum 30% tax applied to capital gains. This applies only to gains arising after that date.

What does this mean practically for Adelaide investors? Properties that are new builds – house and land packages, off-the-plan apartments, or newly completed dwellings – now carry a meaningful tax advantage over established stock for buyers entering after Budget night. It is worth modelling the difference carefully, particularly if you are considering established investment stock in the sub-$700,000 range. The combination of higher interest rates and quarantined negative gearing losses will materially change after-tax cash flow for new investors in established property.

We strongly recommend speaking with your accountant or financial advisor before committing to a purchase. Ensure your numbers work at current interest rate levels, account for the new negative gearing rules if applicable, and retain capacity to absorb a potential further rate increase if the August RBA meeting delivers another rise.

Looking Ahead

Adelaide enters the second half of 2026 in a position of measured confidence. Values are near record highs, demand is steady, and the city’s structural advantages – affordability relative to Sydney and Melbourne, population growth, lifestyle appeal – remain firmly in place.

The key variable from here is the interest rate trajectory. A pause at the June RBA meeting would provide some breathing room for buyers and allow sentiment to stabilise. A further hike in August would add pressure, particularly at the top end of the market where borrowing costs bite hardest.

Our view is that Adelaide’s market will continue to outperform the national average through the remainder of 2026. Growth will be slower than 2025 – but steady, supported by supply constraints and genuine underlying demand. For buyers who are ready, and sellers who are realistic, the conditions are workable.

Ready to make your next move?

Whether you’re buying, selling, or investing, the Refined team is here to help you navigate Adelaide’s market with confidence. Get in touch with us today at refined.com.au or call us for a no-obligation chat about your property plans.

This update is based on data from CoreLogic (Cotality) Home Value Index, PropTrack Home Price Index, SQM Research, RBA monetary policy statements, and realestate.com.au as at May/June 2026. All figures are approximate and subject to revision as additional data becomes available. This update is general in nature and does not constitute financial or property investment advice

For years, Adelaide was often described as Australia’s “quiet achiever” — a beautiful city many locals loved, but one that was sometimes overlooked compared to Sydney or Melbourne.

Now, things are changing.

Across South Australia, more people are rediscovering just how good life in Adelaide really is. From our stunning coastline and relaxed lifestyle to growing job opportunities and vibrant food scene, Adelaide is enjoying a renewed sense of pride — and locals are embracing it.

A Lifestyle That’s Hard to Beat

One of Adelaide’s biggest strengths has always been balance.

Where else can you finish work and be at the beach within 20 minutes? Whether it’s a walk along Glenelg, dinner by the marina at West Lakes, or a weekend trip to the Barossa or McLaren Vale, South Australians have access to an incredible lifestyle without the stress and congestion seen in larger cities.

Many locals who once considered moving interstate are now choosing to stay, while former South Australians are returning home after realising what they miss most — space, community, and quality of life.

Adelaide’s Food and Wine Scene Continues to Shine

South Australia’s food culture has exploded over recent years.

From small suburban cafés to award-winning restaurants and internationally recognised wineries, Adelaide has become a genuine destination for food lovers. The East End, Peel Street, Henley Beach, Glenelg and many surrounding suburbs continue to attract new venues, giving locals even more reasons to stay close to home and enjoy what the city has to offer.

Combined with world-class wine regions only a short drive away, it’s easy to see why Adelaide’s lifestyle is turning heads nationally.

Big-City Events Without the Big-City Chaos

Adelaide has also found its sweet spot when it comes to events and entertainment.

The city now hosts major events including AFL Gather Round, LIV Golf, the Adelaide Fringe, WOMADelaide and international concerts, all while still maintaining the relaxed atmosphere people love.

Unlike larger cities, attending events in Adelaide often means easier parking, shorter travel times and less hassle — something locals increasingly appreciate.

Growth and Opportunity Across South Australia

There’s also a growing sense of optimism around South Australia’s future.

Major investment in defence, renewable energy, technology and infrastructure is creating new opportunities and helping Adelaide evolve into a more dynamic and modern city. Younger professionals and families are recognising they no longer need to leave South Australia to build successful careers and enjoy a great lifestyle.

A Stronger Appreciation for Community

Perhaps one of the biggest reasons South Australians are falling back in love with Adelaide is something harder to measure — community.

There’s still a genuine neighbourhood feel in many suburbs. Local cafés know your coffee order, sporting clubs remain at the heart of communities, and people still value connection and conversation.

In a fast-paced world, Adelaide offers something many people are searching for again: a lifestyle that feels manageable, connected and enjoyable.

Adelaide’s Best Days May Still Be Ahead

For many South Australians, Adelaide is no longer the city people leave — it’s the city people are choosing.

Whether it’s the beaches, festivals, food, family lifestyle or sense of community, there’s a growing appreciation for everything South Australia has to offer.

And judging by the renewed energy across the state, Adelaide’s best years may still be ahead.

While there’s a sadness to these situations, it can be an exciting time in which you’re able to create space in your life for new adventures.

As experienced local agents, we’ve helped many couples who have made the decision to downsize and make the most of the current boom in property prices to fund a new, more streamlined lifestyle.  

Perhaps the most emotional element in the strategy is the need to discard many of the possessions that you’ve accumulated over a lifetime. So below is a downsizing checklist to help remove some of the stress.   

Take your time – Don’t try to downsize all in one day or weekend. The project will be too big. It’s taken a lifetime to accumulate all of this stuff – make sure your timeframe to cull is realistic. 

Go room by room – This will help you take on a larger project in bite-size chunks. Always finish one room before moving to the next, otherwise you might quickly become overwhelmed.

Think creatively – Not everything needs to be thrown away. You can sell possessions that have value or give items to your family, friends or a favourite charity. You can now also list them with neighbourhood groups on social media and see if your possessions can find someone else who will appreciate them. 

Create a system – You’ll want a system to decide what you’re going to do with each item, so it’s best to be organised at the start of the project. Create different piles for keep, sell, donate and throw – and be tough when allocating. 

Ask for help – Don’t be afraid to seek help from family and friends – especially your kids! – but be clear with your instructions for them.

Go carefully – It’s easy after a while to become a little careless. And that’s when you might throw away something that you’ll regret later. Put some time if you can between the sorting, and the decision to sell, donate or throw out just so you can revise if you need to. (But that doesn’t mean you keep everything!)

Make a floor plan – If you’re in the great position of knowing where you’re moving to, then make a floorplan for each room and make sure you have measurements. This will help you qualify what’s in and out based on size and room allocation. 

Keep notes – It’s a smart idea to make a note of each item you intend to keep and why. You might add additional information, such as which room it will be kept or stored. The need to justify can help you cull just that little bit harder. 

Call a removalist – Once you’ve completed this project, get quotes on the cost of moving the items you’re keeping to your new home. This will help you decide whether you need to re-evaluate a few items.

Call a charity shop – Some charitable organisations offer a pickup service which can be helpful. It will also give you security about the items being useful to them – or if you need to find an alternative solution. 

Ashley Williams – 0450 327 772

Between interest rates, insurance, fuel and just about everything else creeping up, it’s fair to say 2026 has kept us all on our toes. And whether you’re renting, owning, investing or just trying to keep everything afloat — we get it.

So… what’s actually happening in the property market?

Despite everything going on, the local market is still moving — just a little differently than we’ve seen in the past few years.

Here’s what we’re seeing on the ground:

• Buyers are still active, but taking a bit more time to make decisions
• Well-presented homes are still achieving strong results
• Rental demand remains high, with very limited supply
• Tenants are feeling the pressure too, and we’re seeing more conversations around affordability

In short — it’s not “boom times”, but it’s not doom and gloom either.

A quick note from us

We’re having more honest conversations lately than ever before — with landlords, tenants, and homeowners all navigating slightly different challenges.

If you’re feeling unsure about:

• your investment property
• whether to sell (or not)
• rent increases and legislation
• or just what your next move should be

You’re not alone — and you don’t need to have it all figured out.

Sometimes you just need a chat

No pressure. No sales pitch. Just real advice.

If you want to understand where you stand or talk through your options, we’re always here.

📞 Get in touch anytime
Selling SA Homes – 0450 327 772
Local. Loyal. Results-driven.

While price growth has moderated and buyer behaviour has become more considered, demand remains steady and supply levels continue to influence outcomes across many Adelaide suburbs.

LISTING LEVELS REMAIN BELOW LONG-TERM AVERAGES

Total listings across Adelaide remain below long-term averages, a trend that continues to shape market conditions. Lower advertised supply has been a key factor supporting prices in recent years, particularly in well-located suburbs.

This is supported by CoreLogic’s Advertised Supply data, which tracks the volume of properties listed for sale relative to historical norms.

With fewer properties available for sale, well-presented homes that are priced appropriately are generally facing less direct competition.

CONTINUED INTEREST FROM INTERSTATE BUYERS

Alongside local demand, Adelaide continues to attract interest from interstate buyers.

Ashley Williams from Selling SA Homes notes that the agency is continuing to see a steady flow of enquiries from interstate buyers, particularly from those seeking relative value, lifestyle appeal and longer-term stability compared to larger capital cities.

“We’re continuing to see a steady flow of enquiries from interstate buyers,” says Ashley Williams. “Many are drawn to Adelaide for its relative affordability and lifestyle, and they’re coming into the market well-researched and ready to act when the right property comes up.”

ADELAIDE HOME VALUES: GROWTH HAS MODERATED, NOT REVERSED

Adelaide dwelling values continued to rise through 2025, although the pace of growth has eased from earlier peak periods.

According to CoreLogic’s Home Value Index, Adelaide recorded continued annual price growth through late 2025, with values moderating rather than reversing. This reflects a market supported by supply constraints and consistent buyer demand.

DAYS ON MARKET HAVE INCREASED SLIGHTLY

Time on market has increased compared to 2025, reflecting more deliberate buyer behaviour.

CoreLogic’s Days on Market data indicates that average selling time across Adelaide now sits broadly in the mid-30 to low-40 day range, depending on suburb and property type. Buyers are taking more time to compare options, and homes that are overpriced are more likely to sit.

AUCTION RESULTS REMAIN SOLID WHERE USED

While Adelaide is not a high-auction-volume market, clearance rates where auctions are used have remained relatively healthy.

CoreLogic Auction Results reporting through 2025 shows clearance rates generally sitting around the low-70% range, indicating that competitive outcomes continue to occur when pricing, presentation and buyer demand align.

WHAT THIS MEANS FOR SELLERS IN ADELAIDE

For homeowners considering selling in 2026, current conditions continue to reward informed decision-making and strong preparation.

Key takeaways include:

• Supply remains constrained, supporting price stability 
• Buyer demand is present but more selective 
• Pricing accuracy is critical 
• Presentation and marketing quality influence outcomes

THE ADELAIDE MARKET OUTLOOK

Based on trends identified across CoreLogic market reporting, Adelaide is expected to continue tracking through a period of steady, modest growth rather than sharp fluctuations. Suburbs with limited stock, strong lifestyle appeal and established infrastructure are likely to remain resilient.

IS IT TIME TO SELL

The Adelaide property market in early 2026 is best described as balanced and supported.

Sellers who understand buyer expectations and approach the market with clear strategy and realistic pricing are continuing to achieve solid results.

For your free-market appraisal call Ashley on 0450 327 772.

Let’s face it—saving for a deposit while renting can feel like an uphill battle. With the right planning and advice, stepping into the property market is absolutely achievable. Here are a few practical tips to help guide you on your journey to home ownership:

Set a Realistic Budget

Start by determining how much you can afford to spend on a property and understand your borrowing capacity. Don’t forget to factor in all the associated costs of buying a home, such as stamp duty, legal fees, and building inspections.

Explore Government Grants and First Home Buyer Schemes

There are several government incentives available to first home buyers. Do your research to find out what’s on offer and whether you are eligible—these could significantly reduce your upfront costs.

Speak to a Bank or Mortgage Broker

A qualified lender or broker can give you a clearer picture of your borrowing power, explain the different types of loans available, and help you choose the right one for your situation.

Whether you are just starting to explore your options or already have a savings plan in place, we are here to help. Reach out to our team today for friendly, advice on buying your first home—we’ll guide you every step of the way.

Ashley Williams – 0450 327 772 – ashley@sellingsahomes.com.au
Henry Vong – 0423 245 373 – henry@sellingsahomes.com.au

rba.gov.au

In response to this decision, several financial institutions have announced adjustments:

• Beyond Bank: Decreasing interest rates by 0.25% for variable owner-occupier, investor, and commercial loans, effective from 4 March 2025.

beyondbank.com.au

• Major Banks: Institutions like Westpac, CBA, NAB, and ANZ have committed to passing on the full rate cut to consumers.

afr.com

For South Australian homeowners, this reduction could mean savings on mortgage repayments. For instance, a household with a $600,000 mortgage might see monthly repayments decrease by approximately $97.

theaustralian.com.au

However, while borrowers may benefit, savers could experience reduced returns on deposits. Financial experts advise reviewing current savings rates and exploring more competitive options to maximize returns.

dailytelegraph.com.au

The RBA has indicated that further rate cuts are not guaranteed and will depend on future economic conditions. Governor Michele Bullock emphasised the need for caution, stating that while the recent cut reflects progress on inflation, the board remains vigilant about global uncertainties and domestic wage pressures.