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How 2020 impacted property prices in your suburb

Popular inner-city suburbs, more expensive outer coastal markets and lower-priced lifestyle markets ranked high in the top 10 suburbs with the biggest growth both nationally and state-by-state.

The "COVID-19 effect" stimulated growth in lifestyle suburbs

When the global coronavirus pandemic hit Australia in mid-March 2020, the outlook for the property market was dire. But despite initial fears the housing market could drop by as much as 30% during the health crisis, property prices showed resilience over 2020.

  • The unprecedented level of support
  • Relaxation of bankruptcy laws
  • Demand flow into the housing market

A FORMER Hydro town in Tasmania's Central Highlands is back on the market with a 90ha rezoned residential opportunity. The town was listed today and will be sold by expressions of interest in excess of $11 million. EIS Property consultant Edward McKay described Tarraleah Estate as a "remarkable opportunity".

Investor markets took a hit

It is such an interesting place with its infrastructure, housing, five types of accommodation, the multiple restaurants … the cost to build it today would be tens of millions

by Kavin Haris

The lower north shore property market has a record of starting the selling year off with a bang and this year is shaping up to be no exception. Last year the first property to sell for over $20 million held onto its crown right to the end, and this year it looks like history will repeat itself.

All signs point to another strong year of sales for Mosman and the lower north shore. The prestige market not only weathered last year's COVID storm, but thrived, according to the latest Pain and Gain Report from CoreLogic.

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Tuesday, 22 June 2021

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