Interest rates are likely to fall before they rise again, giving more hope to home-buyers and investors seeking to enter the property market, according to a senior researcher at Bendigo and Adelaide Bank, the nation’s fifth largest bank.

David Robertson, the Bendigo Bank’s Head of Economic and Market Research, told a Deakin University Alumni event that indicators showed low interest rates would remain a feature of the economy for the next five years.

His prediction is generally in line with most economists, who expect another two reductions to the official interest rate in the next six months, with some predicting the Reserve Bank will announce another decrease at its October board mee