Progress Developments

Progress Developments

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Each one of our three quality residential estates in the beautiful Swan Valley is a little different, offering an exciting choice of lots, house and land packages and lifestyles close to schools, shops and parks, along with all the attractions of the historic Swan Valley. We also offer Chianti Private Estate, an exclusive boutique estate in the established suburb of Woodvale, where you can choose

18/03/2026

📈 RBA Update

The Reserve Bank has announced another increase to interest rates, to 4.1% from 3.85% on 17th March 2026.

So, what does this mean if you own a home?

🏠 Higher Mortgage Repayments
If you're on a variable rate loan, your repayments will likely increase. Even small rate changes can add noticeable pressure to monthly budgets.

💰 Tighter Household Cash Flow
With more going towards repayments, there may be less flexibility for day-to-day spending, saving or lifestyle expenses.

📉 Impact on Borrowing Power
For those looking to refinance or upgrade, higher rates can reduce how much you're able to borrow.

🔍 Time to Review Your Loan
Now is a great opportunity to check in with your lender or broker to see if your interest rate is still competitive. There may be options to restructure to better suit your situation.

Rising rates can feel challenging. Staying informed and proactive is important. If you're unsure how this affects you, it might be worth having a chat with a professional to understand your options.

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Address


5/47 Cedric Street
Perth, WA
6021

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm
Saturday 1pm - 5pm
Sunday 1pm - 5pm