On February 6, 2024, the Reserve Bank of Australia (RBA) made a pivotal decision to maintain the cash rate at 4.35%, marking its first policy announcement of the year. This decision comes against a backdrop of gradually declining inflation, which eased to 4.1% in the December quarter, down from 5.4% in September.
Like any major investment, buying real estate off-the-plan can be high risk if insufficient research has taken place. But there are also perks to buying property that has yet to be built.