news:insights

House prices are set to bottom out by June after a 2.3 per cent fall before bouncing 15 per cent, according to Westpac’s economics team, who believe low mortgage rates and a less severe recession than feared will stabilise the market before a solid recovery.

A “long overdue” extension of stamp duty relief for first-home buyers will help Sydneysiders get into the property market quicker, experts say, but will do little to improve the overall state of the market.

A third of Millennials and a quarter of all Australians expect to buy a property in the next two years, with many having used the lockdown to accelerate their home ownership journey, according to ING research.

Long gone are the days when Brisbane was thought of as a big country town, relegated to bronze medal in the eyes of our southern siblings.

Lot’s of property news and data over the last week. Starting with “The COVID Correction Begins” to “We’re in Recession”

A multibillion-dollar construction stimulus will offer grants to build more than 100,000 new homes and create thousands of new jobs across the country by turbo-charging the industry.

● ONE:PM is a new full-service project marketing and property investment firm based in QLD and Vic that operates nationally and internationally.

How will Coronavirus affect the Australian property market and when will it recover? We’ve got the answers you need and more.