In property news this week – it’s already been an eventful year, with both Coronavirus and the bushfires making an impact on the market. Despite the setbacks, the RBA still left interest rates on hold.
Meanwhile, Canberra is still tracking well:
House prices have been tipped to rise in Canberra over 2020
You can read our Canberra investing guide here.
Median house prices are continuing to track upwards, and there is even good growth happening in the unit space too.
Lane Cove townhouse sells for $1,529,000 after more than 50 bids
Sydney’s apartments are still getting more expensive, despite defect concerns
Elsewhere, slower-moving markets are also seeing so positive movements
2020 Bendigo property market predicted to flourish: real estate agents
In other news:
New kids on the block ready to take on Australia’s big four banks
Great house price divide: Sydney suburbs in real estate ‘red zone’
Chief economist update: Lowe puts Australia on high
Have a great week everybody!