The RBA Pause: What It Means for Hobart Homeowners & Investors
The Reserve Bank of Australia (RBA) has once again held the official cash rate steady — a move widely anticipated by economists. But what does this mean for you as a homeowner, buyer, or investor in Hobart?
Let’s break it down.
Stability Builds Confidence
In recent years, interest rate hikes created uncertainty across the property market. But with the RBA holding steady for several consecutive months, we’re seeing renewed confidence from both buyers and sellers.
For the Hobart market, this translates to:
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Increased buyer activity
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A rise in appraisal requests from potential sellers
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Stronger momentum heading into the second half of the year
At MIX Property Group, we’re seeing the effects of this on the ground, particularly in areas where homes offering lifestyle and value continue to attract strong interest.
Borrowing Power Holds Steady
When interest rates were rising, many buyers found their borrowing capacity reduced significantly. Now, with rates paused, borrowing power is no longer shrinking — and that’s giving buyers the green light to re-engage.
Some lenders are even starting to sharpen their rates to compete for new business, which could give buyers more flexibility and confidence moving forward.
What’s Ahead for the Reserve Bank?
While the RBA has hit pause for now, there’s still plenty of speculation about what’s to come.
Most economists expect rates to remain on hold through the rest of 2025, with a possible rate cut in 2026 if inflation continues to ease and broader economic conditions soften.
The RBA is closely watching:
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Inflation (especially housing and services-related)
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Wage growth
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Consumer spending trends
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Global economic conditions, including growth forecasts from China and the US
For now, this period of stability means greater predictability for buyers and sellers, and that’s a welcome change after two years of economic uncertainty.
Momentum Is Building Ahead of Spring
Winter is often seen as a quieter season for real estate, but this year we’re seeing strong signs of early spring momentum — even before August has arrived.
At MIX Property Group, we’ve noticed:
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Increased buyer enquiries
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Steady turnout at open homes
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Investors re-entering the market with confidence
With limited stock on the market and solid demand, sellers who prepare early will be well-positioned to stand out once spring hits full stride.
What This Means for You
If you’re a homeowner:
Now is a great time to start preparing your property for a spring sale. Presentation, timing and the right strategy will help you maximise your outcome.
If you’re a buyer:
Make sure your pre-approval is current, and be ready to act quickly. Quality homes are still moving fast.
If you’re an investor:
Rental demand across Hobart remains high. With prices stabilising and yields holding strong, now could be the time to expand your portfolio.
Let’s Talk Property
Whether you're thinking about buying, selling, or investing — or simply want to understand how the current market affects your situation — we’re here to help with honest, local advice.
📞 Contact the team at MIX Property Group to book a market update or free appraisal today.