8th March 2022

A Wild Ride ?

As Victoria decides to move on from covid 19, dance floors re open and a May (wild guess) Federal election it is hard not to imagine there will be an impact on property prices this year. Oh wait… there is also a dreadful war between Russia & Ukraine underway.

The property market now faces it biggest test since the “recession we had to have” and due to the uncertainties of elections, war and so on many may choose to sit on their hands rather look to buy or sell property.  

In uncertain times people generally stay put. Historically markets fall slower than they rise. Sellers tend to be patient.

I would love to hear what you think may happen in the property market?

If you are content, sit back and watch the show because in my view it could be a wild ride.

All the best,

Scott