WHY 2021 IS SHAPING UP TO BE A GOOD TIME TO SELL PROPERTY

Australia’s property market is rebounding from a mild downturn in 2020, brought on by the coronavirus pandemic. As the real estate sector gets back on track after lengthy lockdowns, particularly in Melbourne, property experts say 2021 is shaping up to be a good time to sell property.   Record-low interest rates and huge amounts of government stimulus have led to unprecedented levels of buyer demand on realestate.com.au, creating ideal conditions for vendors. The level of demand, as highlighted by searches, high-intent buying activity and views per listing, are all close to historic highs, indicating strong interest in property.  Some key drivers of this demand were government policies aimed at protecting jobs, housing market stimulus measures from both federal and state governments and historic low borrowing costs, which were likely to remain for a number of years. To read the full article click here