Buyer confidence may be at an all-time high, but there have been fewer investors searching for properties on the market during lockdown. Major construction companies and owner occupiers seem to be leading the buyers market, but expect this to change when restrictions start to ease from 18 October.

According to Statista, Australians travelling abroad spent approximately 65 billion dollars on overseas trips for the year ending March 2020. With travel restrictions over the last one to two years, there has been an increase in share and property investments. Where else are we going to invest our savings?

Many place their money into home loans and redraw accounts to ensure they are cashed up and ready to go. We wouldn’t be surprised if we see a sudden growth in the property market straight after lockdown, and spring is also generally considered the seller’s market season.

Contact us to get your home loan approved. If you are looking to refinance, let’s look at utilising the equity in your home for another property purchase.

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