Property experts reveal where to invest in 2021
By Bianca Dabu
08 January 2021
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1 minute read
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As Australian property markets recover from a tumultuous 2020, most experts believe that this new year is shaping up to be stellar for real estate.
Property Investment Professionals of Australia’s (PIPA) chairman Peter Koulizos said that 2021 will be a better year than 2020, particularly for the residential property market, as capital cities are expected to see a higher rate of value increases.
Further, historically low-interest rates and pent-up transactional energy are also likely to continue to provide a lift to the market in the early part of the new year, according to Kevin Brogan, Herron Todd White’s director of valuation policy and compliance.
Experts reveal what agents can expect from 2021 05 January 2021
As Australian property markets recover from a tumultuous 2020, most experts believe that this new year is shaping up to be stellar for real estate.
Experts believe that, among many factors, historically low-interest rates and pent-up transactional energy are likely to continue to provide a lift to the market in the early part of the new year.
According to Kevin Brogan, Herron Todd White’s director of valuation policy and compliance: “Demand has reacted strongly to renewed market confidence and has been running ahead of supply in many markets, if this continues into 2021, it will continue to exert an upward pressure on established residential property prices.