Melbourne is in the middle of a second strict COVID lockdown but it hasn’t stopped property developers finalising new deals to build thousands of homes.
News

It’s a tough time for everyone in the property market right now but a raft of government incentives are providing fertile ground for first homebuyers.

In amongst the turmoil of another round of COVID lockdown in Victoria, the RBA has kept the official cash rate steady at 0.25 per cent for another month.

Victoria’s strict new stage four restrictions could bring the state’s property sector to a standstill.

S&P Global Ratings say the second Melbourne COVID lockdown and lack of migration will hit house prices by 10 per cent.
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