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CHIEF ECONOMIST UPDATE: INVESTORS SLOWLY RETURN BUT NOT IN OUR BIGGEST CITIES

Posted by admin on November 16, 2020
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Investors evaporated fairly quickly from the property market at the end of 2017, the catalyst being the announcement of the financial services royal commission. A subsequent clampdown on lending led to a fall in property prices in many locations across Australia, particularly those with a lot of investor activity. Conditions remained stagnant for two years but by the end of 2019, as prices rose, investors began to tentatively re-enter the market. Then COVID-19 shut that activity down.

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Brendan Bowie has specialised in property sales, marketing, and leasing for more than 20 years. As a City of Belmont resident with a great knowledge of the local area, Brendan’s strategic and innovative property marketing approach, coupled with a strong networking focus, consistently yields quality outcomes for his clients.

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