29/10/2026
Planning to build? Here's how to prepare if interest rates rise again. 👀🏡
Before you get too far into planning your dream home, there's one conversation worth having early.
What happens to your building plans if interest rates go up?
Because the amount you're comfortable borrowing today might feel very different if your repayments increase.
And with the Reserve Bank raising concerns about inflation, it's something worth keeping on your radar.
According to a recent ABC News report, the RBA has warned that the inflation outlook is looking worse than previously expected, raising the possibility of another interest rate increase.
Nothing's been decided yet.
But here's where things get interesting.
When you're planning a new home, it's not just about what you can afford to build TODAY.
It's about making sure your plans still work if circumstances change.
That means understanding your borrowing capacity, speaking with your lender about potential repayment changes and allowing some financial breathing room before committing to detailed designs.
Because there's nothing more frustrating than falling in love with a home design, only to realise the numbers no longer work.
OUR TAKE 💙
At Perway, we believe the best building journeys start with honest conversations about what's achievable. Understanding your financial position early can help you make smarter decisions about your design, scope and long-term plans.
After all, the goal isn't just to build a beautiful home.
It's to create one you can enjoy with confidence for years to come.
Source: ABC News, Stephanie Chalmers, 21 October 2026.
📖 Read the full ABC News article here: https://tinyurl.com/5n92t98x
💬 What's your biggest concern about building or renovating right now: interest rates, construction costs or timelines?
If you want a renovation that still feels right years from now, let’s have a chat. 👉 Visit www.perway.com.au