The Working from Home Phenomenon Will NOT Impact Property Prices

Are you considering buying property based on recent headlines that working from home is a game-changer for property? I know I read in the media, almost every day, that this new working from home phenomenon will apparently lead to a boom in regional and seaside towns. I remember reading similar headlines over a decade ago, […]

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How will stalled net overseas migration impact housing demand?

Recent forecasts from Treasury indicate annual population growth across Australia is set to slow from around 1.4% pre-COVID, to 0.6% through the 2020/21 financial year. In raw numbers, that implies Australia’s annual population growth will reduce from around 350,000in 2019 to 154,000over the year ending June 2021 – a reduction of 56%relative to 2019levels. If […]

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The impact of stamp duty discounts on the NSW housing market

On the 27th of July, the New South Wales government announced eligible first home buyers could access stamp duty exemptions on new home purchases worth up to $800,000. New home builds will also see stamp duty discounts available for purchases between $800,000 and $1 million, where the discount reduces with a higher purchasing price. The […]

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What impact will Melbourne’s virus lockdown have on property and economy?

Melbourne’s Covid transmission outbreak has been widely publicised by the media. Melbourne’s daily positive test rate is relatively benign by world standards (i.e. 0.5-0.6% versus 7.5% in the USA). However, the reinstated 6-week lockdown of Melbourne is likely to have a negative impact on Australia’s economy. Melbourne is responsible for producing over 19% of Australia’s […]

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What’s the impact on Melbourne’s housing market likely to be as a new round of lockdown measures are implemented?

With Melbourne returning to lockdown conditions amidst an acceleration in virus cases, it’s worthwhile looking back at the housing markets performance through the earlier lockdown period. From midnight of July 8th, residents of Melbourne and the Mitchell Shire will be unable to leave their home unless they are shopping for essential items, seeking/giving medical care, […]

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