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A glance at Australian property market in 2019: Then, now and in the future

2Mo ago 0 Replies 200 Views
A look back at the highlights of Australian property market in 2019 – and a glance at what's ahead.
As usual, property markets are fragmented and conditions continue to vary markedly by state:

It really seemed one of the most eventful years in property for a long, long time.

The year started with much negative sentiment and the doomsayers were out in force predicting property Armageddon as the world economy and Australia's economy slowed down.

But in the second half of the year we’ve had three interest rate cuts, a tax rebate and the biggest property market rebound that Melbourne and Sydney have ever experienced.

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