What 2020 Means for Property

Whilst the GFC saw significant job losses, many of those were in Melbourne and the effect of that was to push buyers out of the Melbourne market and into the more affordable Geelong market, which also served to shore up prices. With interest rates at historic lows, combined with the uncertainty of the stock market, we can’t help but be positive about the Geelong market. We all need a roof over our heads, whether buying or renting, and those lucky enough to have surplus funds would be looking to property as their preferred investment in these challenging times.
We have a comprehensive list of open homes this weekend and are optimistic of a successful weekend of selling.
Stay safe and we hope to see you out and about.
Until next week
Nick Lord
Director