Property Articles

We haven’t seen this kind of fast-paced home value growth since Guy Sebastian robbed Nollsie to win Australian Idol, Roger Federer won his first of 20 grand slams (against the Scud at Wimbledon), and people primarily used their mobile phones to make calls (well, and play Snake).

Let’s look at why home values are growing so fast

The first home buyer market had a bumper year in 2020 due to modest declines in property prices, reduced investor activity, and a range of government incentives.

But with those advantages tailing off, how will first home buyers compete in 2021?

Australia’s housing market is on the “cusp of a boom”, with house prices set to leap 16% over the next two years, according to the Commonwealth Bank (CBA).

Here’s why they think property prices are primed to take off.

After a bumpy 2020, 2021 is already rewriting the record books. From property prices, to interest rates, to refinancing – no matter which way you look records are being broken.

Today we’ll look at why property market sentiment is riding so high.