More choice, more flexibility: What the RBA rate cut means for you

As Australia’s finance conditions begin to improve, the opportunity to buy with greater confidence is returning. This gives you greater freedom to consider not just where you want to live, but how.

This month, the Reserve Bank of Australia announced its second rate cut of 2025, bringing the official cash rate down to 3.85 per cent. 

The change brings renewed flexibility, including easing repayments and increased borrowing power. With further rate cuts also predicted this year, borrowers can have greater confidence in taking the next step.

Space to think differently

With lending conditions improving, the version of home that once felt out of reach may be closer than expected. An additional bedroom to grow into, private outdoor spaces to unwind in, or higher-quality finishes may not need to be ruled out from your purchasing criteria.

The Luxury Collection at Highett Common has been designed for those ready to bring more comfort, style and longevity into their everyday. The limited release of three-bedroom residences feature Gaggenau appliances, natural stone benchtops, brushed nickel fittings, ABB smart home automation, and a $12,000 Coco Republic styling package to create a lasting impression.

It’s also a rare chance to choose a home that offers long-term value, lifestyle flexibility and architectural design that will hold its quality over time.

According to the RPM Metro Q4 2024 Report, apartment values in suburbs like Highett rose 2.2 per cent in the first quarter of 2025. The increase reflects of the renewed confidence in homes that offer more than just an address, but prioritise liveability, quality and lasting value.

Extended stamp duty concessions

This month, the Victorian Government also extended its stamp duty concession for off-the-plan homes. For eligible buyers, it’s an opportunity to significantly reduce upfront costs, with savings of up to $40,500 available.

These cuts apply exclusively to off-the-plan developments in Victoria. At Highett Common, and our newest release, The Luxury Collection, eligible buyers have the rare chance to access maximum stamp duty savings on homes that are already well progressed through construction.

A community taking shape

Stage 1 of Highett Common is now nearing completion, with Highett Common’s first residents planned to move in this year. Streets, parks and green spaces are forming, and the atmosphere of a connected new neighbourhood is emerging.

A limited number of Stage 1 residences remain available, with eligible homes still attracting stamp duty savings until completion end-2025.

To find out more about Highett Common, enquire here to speak with the sales team or visit the display suite. If you’re ready to take the next step, please contact Mortgage Domayne to receive lending advice or assess your borrowing power.