The end of COVID support packages JobKeeper and JobSeeker is unlikely to have a significant impact upon the real estate market, despite initial fears. Sound familiar? The pandemic was forecast to have a seismic impact upon our property market with prices predicted in some quarters to sink by 30 per cent. In contrast, dwelling prices have grown nationally by four per cent over the last year on the back of a 9.4 per cent rise in regional areas, and 2.7 per cent in the combined capitals, according to property data analysts CoreLogic. The real estate market is expected to keep humming despite the conclusion of JobKeeper payments. Picture: James Gourley/The Sunday Telegraph
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