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RBA Cash Rate Announcement

Great news for homebuyers and investors! The Reserve Bank has announced its first rate reduction since 2020, lowering the cash rate from 4.35% to 4.1%.

This marks an exciting turning point for the property market and could mean lower mortgage repayments and increased borrowing power, making now the ideal time to -

  • Secure a home loan with improved conditions
  • Purchase your first home or invest in your next
  • Take advantage of LUMA’s 2.5% upfront deposit offer

Act quick and step into homeownership at LUMA today!

Explore available homes here.

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In the spirit of reconciliation, Development Victoria respectfully acknowledges the Traditional Custodians of the land on which Luma is being built and developed. We recognise their continuing cultural heritage and connection to land. We pay our respects to their Elders past and present.

Yinga Biik Birranga-ga (Sing land and Country), Steve Ulula Parker

  • Display home open

  • Wednesdays: 2pm - 3pm
    Weekends: 1pm - 2pm
    (or by appointment)

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