What impact are the COVID-19 pandemic and Victorian lockdowns having on property markets?
We interviewed property expert David McMillan from Performance Property, who shares insightful commentary and data on the current state of the property market both in Melbourne and other major cities across Australia.
In this interview, David shares his views on:
1. What's happening in the property market right now?
2. What impact is the government stimulus and mortgage repayment holidays having on prices?
3. Where is the property market headed in the next 24 months?
4. Where is David buying for property investors right now?
5. What’s the most important thing property investors need to know in this market?
We've included the latest 'National Property Clock' from Performance Property Advisory to illustrate the positioning of major and regional markets in their property cycle.
As always, if you have any questions about how this information may affect you, feel free to get in touch with the Verse team.
(The information provided is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser).