Making headlines this week, report shows low deposit scheme attracting buyers but impacting affordability; interest rates up again; and the Australian city named Best City in the World
That's why our Buyer's Agent service is built around protecting your interests from day one. From search to negotiation to settlement, we're in your corner every step of the way. Because buying property is too important to do alone.
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The Reserve Bank of Australia lifted the official cash rate by 0.25 percentage points this week, bringing the target to 4.1 per cent, up from 3.85 per cent.
It might have seemed inevitable, given the Middle East crisis and subsequent oil price hikes, but interestingly the decision was in fact close, with five board members voting for the move, while four voted against. Maybe that balance will change when next the board meets, in May. As RBA Governor Michelle Bullock said following the decision, ‘the board is going to be monitoring this stuff very closely and if we have to change tack we will’.
After improving throughout most of 2025, housing affordability turned down again in the December quarter, the Real Estate Institute of Australia (REIA)) announced this week.
REIA’s latest Housing Affordability Report for the December quarter 2025 shows that affordability declined for the first time since December 2024, driven largely by a significant influx of first-home buyers taking advantage of the Australian Government’s 5 per cent Deposit Scheme introduced in October 2025.
Australia’s owls and other wildlife will enjoy a life free from the potential harm of over-the-counter rat baits, following a decision to restrict the use of such products.
This Sunday 22 March is World Water Day, observed to raise awareness of a precious commodity we often tend to take for granted. This year, the theme is ‘where water flows, equality grows’.
Installing a rainwater tank is an inexpensive and effortless way to ensure that your household has plenty of water in the dry times. Here are some tips for installation and ongoing use.
Melbourne has taken out the top spot among Time Out’s 50 Best Cities in the world in 2026, Time Out Travel announced this week.
Not only did a whopping 94 per cent of locals rate the city’s food scene highly, while 92 per cent approve of its art and culture scene and 77 per cent recommend its nightlife, but Melbourne was also voted the third-best city in the world for Gen Z to live in. The next top cities were Shanghai, Edinburgh, London and New York, in order. Image: City of Melbourne
The 2026 Australian Good Design Awards are now open for entries, celebrating the theme ‘Design that Leads’.
Endorsed by the World Design Organization (WDO), the awards recognize excellence in product design, architecture, digital, and social impact. Entries close on 24 April 2026, with an early bird deadline of 20 March 2026. Winners will be announced on 9 October 2026.
We have been retained by the following clients to locate suitable real property to satisfy their unique situation if you feel you can assist, please call me on 0477 000 798 or email me buyer@watermanpa.com.au Matt O’Donoghue
PROPERTIES WANTED
NOTE: All our purchases are pre-approved ready to go.
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I have an OWNER OCCUPIER LOOKING TO PURCHASE A 2-3 BEDROOM TOWNHOUSE WITH PREFERRED MASTER BEDROOM AND ENSUITE DOWNSTAIRS OR IF UPSTAIRS TO HAVE A LIFT.
Budget over $2m
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SEACLIFF/SOMERTON PARK/BRIGHTON
CLIENT LOOKING TO FIND A 3-4 BEDROOM, 2 BATHROOM, 2 CAR SPACE DWELLING. PREFERABLY MINIMUM 600M2 ALLOTMENT. LOW MAINTENANCE INVESTMENT PROPERTY
Budget up to $1.9M
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Magill/Norwood and surrounding areas
CLIENT LOOKING FOR 3-4 BEDROOM, 1-2 BATHROOM DWELLING WITHIN PEMBROKE COLLEGE ZONING
Budget up to $1.65m
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Glynde and surrounding areas
CLIENT LOOKING FOR OWNER OCCUPIER 2 BEDROOM SPACIOUS UNIT WITH OFF STREET PARKING.
Budget up to $620k
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If you have something that may be of interest, call us today, our client is ready to purchase.
NOTE: All our purchases are pre-approved ready to go.
Matt O’Donoghue
Buyer Agent
0477 000 798
