Interest Rates Went Up Again. Here’s What It Means for You.
The Reserve Bank of Australia (RBA) has raised the cash rate to 4.85%, up from 4.60%. That is the highest in 18 years, since 2008, and the fifth rise this year.
In simple terms: borrowing money now costs more. Here is what that may mean for you.
If you are a landlord
If your investment loan has a variable rate, your repayments may go up soon.
Check your new repayment amount with your lender or broker.
Make sure your rent matches the current market. We provide a free rental appraisal.
A reliable tenant is worth more than an empty property, so keep your good ones happy.
If you are a tenant
Your rent can only change under the rules of your lease and your state or territory. A rate rise alone does not mean your rent will go up.
Check when your lease ends.
Talk to your property manager early about renewing.
Keep a little extra in your budget, just in case.
If you are an investor
Higher rates make the sums tighter, but good property still comes down to the basics: a good location, strong tenant demand and a plan you can stick with.
Check that your cash flow still works if rates rise again.
Think long term, not just about this one rate change.
Ask us about your area. Some markets may give buyers more room to negotiate.
Need a hand?
Not sure what today’s news means for your property? The SBP Realty team is happy to talk it through, with no pressure.
Get in touch with SBP Realty to book a rental appraisal or ask about the market.
Source: Reserve Bank of Australia, 3 November 2026.
This article is general information only. It is not financial, legal or investment advice. Tenancy rules differ by state and territory. Please speak to a licensed adviser or mortgage broker before making decisions.
