IF the banks passed on all the rate cuts since Sep 2008, an average investment loan of $300K @ the then high rate of 9.5% will soon equate to a mere 5.5%- that's a saving of some $230 per week on a loan of this size. With increasing yields already making a dent in the property market, these interest rate drops are really going to have an impact on the back pocket and cashflow of your average investor. For example, an average property costing $350K returns $370 per week in rent or $19,240 p/a. Interest @ 5.5% = $370.20 per wk or $19,250 p/a. Even given expenses (rates, maintenance, vacancy) it's getting cheaper- the cheapest Australia's seen for some time.