CORONAVIRUS NEWS FOR REAL ESTATE
As Coronavirus continues to spread across the entire globe causing a major health crisis as well as a catastrophic collapse to world economies—
What can you expect from the Hervey Bay property market amid COVID-19?
CoreLogic head of research Tim Lawless states “Although Australia’s housing markets have begun to enter a period of disruption, they are coming from strong foundations.”
The Property Brokerage content team have been busy researching and creating helpful information posts about the effects of the Novel Coronavirus outbreak on the Australian property market in general; but are most focused on our local Hervey Bay real estate scene.
You’ll find all our posts about COVID-19 related information below.
The Hervey Bay property market has not yet seen dramatic impacts due to COVID-19. There are three main factors which need to be considered when discussing the resulting possibility of a real estate downturn.
With new real estate restrictions in place due to the COVID-19 pandemic; Virtual Home Tours (hands-free home buying) is set to become the new norm— but here at Property Brokerage it’s simply business as usual as we’ve always been hands-free!