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Melbourne property 'at greater risk' in 2021: CoreLogic - Smart Property Investment

Melbourne property ‘at greater risk’ in 2021: CoreLogic
By Bianca Dabu
23 December 2020
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1 minute read
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While most property markets have embarked on a road to recovery, Melbourne could face some hurdles due to the prolonged COVID-19 lockdown, according to forecasts.
While the initial shock of COVID-19 led to a -2.1 per cent decline in national property values between April and September, Australian housing values were 1.1 per cent higher over the year to November following a recovery trend in the last two months.
According to Eliza Owen, CoreLogic’s Head of Research Australia, housing values have been supported by a strong mix of regulatory, monetary and fiscal measures, which have induced record-low mortgage rates, the deferment of mortgage repayment for households impacted by COVID-19, support for low income households, as well as grants and concessions for owner-occupier purchases ....

Western Australia , Sunshine Beach , New South Wales , Eliza Owen , Bianca Dabu , Corelogic Head Of Research Australia , Research Australia , Greater Melbourne , South Headland , மேற்கு ஆஸ்திரேலியா , சூரிய ஒளி கடற்கரை , புதியது தெற்கு வேல்ஸ் , எலிசா ஓவந் , பியான்கா டப்பு , ஆராய்ச்சி ஆஸ்திரேலியா , அதிகமானது மெல்போர்ன் , தெற்கு ஹெட்லேண்ட் ,

Sydney's Darling Point records highest median home value for 2020 amid luxury homes market recovery

Sydney s Darling Point records highest median home value for 2020 amid luxury homes market recovery
Posted
WedWednesday 16
updated
WedWednesday 16
DecDecember 2020 at 11:51pm
Several of Sydney s eastern suburbs recorded the highest median housing values according to CoreLogic data.
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Several of Sydney s eastern suburbs recorded the highest median housing values, according to CoreLogic data, which says Australia s $7.2 trillion residential real estate market has proved remarkably resilient despite the nation s largest economic downturn since the 1930 s.
Key points:
CoreLogic s Best of the Best 2020 Report shows while the coronavirus pandemic dented house prices earlier in the year, they have ended the 2020 higher ....

Elizabeth Downs , Northern Territory , New South Wales , Sunshine Beach , Bellevue Hill , Double Bay , Point Piper , Western Australia , Darling Point , South Australia , Sunshine Coast , Eliza Owen , Elizabeth South , Housing Industry Association , Bank Governor Phillip Lowe , Adelaide North , Davoren Park , New Home Sales , Greater Melbourne , South Headland , எலிசபெத் தாழ்வுகள் , வடக்கு பிரதேசம் , புதியது தெற்கு வேல்ஸ் , சூரிய ஒளி கடற்கரை , பெல்வ்யூ மலை , இரட்டை வளைகுடா ,