Housing market briefing: what the September RBA decision means for your next move
Sole Trader Finance | Prepared 28 October 2026 | General education
Market briefing prepared 28 October 2026. Housing headlines move quickly. A useful update should help you ask better questions about your own plans, rather than pressure you to buy or refinance on a deadline.
Australian housing market update: the September RBA decision
On 29 September 2026, the Reserve Bank raised the cash rate target by 0.25 percentage points to 4.60%. Its statement described housing prices falling in most capital cities and a noticeable decline in new housing loans. Those are broad observations from that statement, not a valuation of your suburb or a forecast of what happens next.
Our perspective: preparation is something you can control
A national headline cannot tell you whether a particular home suits your budget or whether a particular loan fits your business income. Our practical takeaway is to use a changing market as a prompt to review your position. Keep your property wish list, affordability questions and income evidence in the same conversation.
You do not need a perfect prediction to make your next conversation more useful.
If you are buying
Ask what the repayments would mean for your household, what costs sit outside the purchase price and what conditions apply to any borrowing estimate. Compare the properties you are considering on their own merits. A broad market description should not replace local research and a considered budget.
If you own a business
Describe your recent trading pattern and which records are available to explain it. If you want to explore low doc options, ask how the income evidence and total loan cost compare with a full doc pathway. The market backdrop does not remove the need for an individual lender assessment.
Questions for your next conversation
What has changed in my household or business since I last reviewed my plans?
Which assumptions in my budget need checking?
What information would help a broker assess possible next steps?
This briefing separates the RBA’s reported observations from our general preparation suggestions. It makes no prediction about future rates, prices or approvals. Check the latest official release before relying on time-sensitive figures.
General information only, not personal financial or credit advice. Loan eligibility, documents, rates and costs depend on your circumstances and lender criteria. Sole Trader Finance is a referral service, not a lender. With your permission, we introduce you to one broker partner. Approval is subject to lender assessment.