1 in 3 recent buyers say interest rates ‘did not influence’ decision

Preliminary findings from a recent InfoTrack survey of Australians who bought and sold property in the past 12 months revealed that high interest rates were not a major deterrent for aspiring buyers.

Instead, many first home buyers’ desperation to get onto the property ladder – and escape rapidly rising rents – outweighed their anxiety about high interest rates.

Property prices and market conditions were consistently named the biggest challenges faced by buyers.

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