Tag: Property Market

Affects of COVID-19 on Australian Property Market

The end of 2019 ended quite well with the gradual recovery of the property market, interest rate cuts and easing credit conditions. We could see an overall increase in property prices as prices started to recover. But times are changing due to COVID-19. Uncertainty is everywhere.   The pandemic known as the coronavirus, a.k.a. COVID-19,

Melbourne and Sydney’s Fast Recovery in Property Market

Melbourne and Sydney’s property market may recover faster than expected!   It’s predicted that within 12 months, prices will reach their peaks again. The recent low interest rates and simpler credit standards has given a boost in the recent growth in property prices. Although many economists predicted this growth, the growth is rebounding stronger and

Risks of Rapid Housing Price Growth According to RBA

The Reserve Bank of Australia (RBA) recently outlined future challenges during their six-monthly check-up on the financial system. According to RBA, although the recent growth in the market has helped many banks and households, risks of housing prices dropping still exist.   Contrary to this, RBA predicts that housing prices could potentially rise sharply in

Property Prices at a Glance For Buyers

Have a glance at the changes in our property prices in the past 12 months from August 2018 to August 2019 (retrieved from here): Capital City 12-month change in value Aug 2018-Aug 2019 Median value Sydney – 6.9 percent $790,072 Melbourne – 6.2 percent $626,703 Brisbane – 2.1 percent $485,493 Adelaide – 1.1 percent $428,203

Enquiry Form