Despite constant headlines, interest rates aren’t the deciding factor for most Australians when it comes to buying or selling property.

A survey by InfoTrack found 45% of buyers and sellers say interest rates have no influence on their decision-making, while only 5% delayed a purchase or sale because of them.

Instead, property prices are seen as the biggest challenge, with almost a third of respondents listing affordability as their primary concern. Location choice is also heavily price-driven, with two-thirds saying cost determined where they purchased

The Reserve Bank of Australia cut the cash rate in August by 25 basis points to 3.6%, marking its third reduction in 2025 after starting the year at 4.35%.