PROPERTY MARKET UPDATE

We are continuing to see an optimistic attitude for the property market in 2020 and many experts are predicting positive growth.

After the highs and lows of 2019 – which saw buyers, sellers and real estate agents alike on a rollercoaster ride – the new year has begun with positive momentum.

With the Australian elections over and new first home buyer schemes available, 2020 will usher in a lot of positive growth for the market with lending more accessible and limited stock available.

With limited stock available we are definitely seeing a lot of success through the auction process and that’s simply because it is highly competitive out there. When you have a highly competitive marketplace that really doesn’t have the supply of properties, auction is still the preferred method to get the best result.