With interest rates looking like they’re on the rise in Australia, it’s worth asking yourself how your finances would handle a rate increase. You are likely to find out the answer to that soon enough, with the increase expected to occur by mid-year, ahead of schedule. This year will bring with it four rate rises, according to the major banks.

Is the constant property market coverage making you feel anxious about your plans? It’s little surprise with headlines such as ‘New study finds housing affordability in Sydney, Melbourne, Brisbane & Adelaide now worse than New York’. But this doesn’t have to signal the end of your property dreams.

Stay up to date with the latest developments in the property market over the past month.

It seems Australia’s most popular spectator sport over the past year has not been cricket, or even the various codes of football, but making backyard bets on when property prices will peak. Following an extraordinary pace of growth in 2021, the cost of real estate down under has been a hot topic of conversation at barbecues, dinner parties and throughout the media. Now we are nearing the end of the first quarter of this calendar year, it’s worth taking score of where the market is headed.