With so much going on in the property market in past years, it leaves us pondering on what 2018 will bring.
A view of the property market for the year ahead, general consensus is that:
Sydney property prices will be flat, which is great news for buyers and sellers as the market is more stable
Hobart property prices will continue to rise for the first half of the year. This is being driven by a changing economy with jobs growth and investors entering the market leading to more demand for housing and as a result pushing prices up
Price growth will continue to ease in Melbourne, with the apartment boom stabilising
Brisbane property market is tipped to continue at a steady climb with an improved job market and increase in migration
Property in coastal and regional areas in NSW and VIC will continue to grow as migration from the cities will continue outwards
Renters nationally will see a positive change with improved rental rights which will focus on renting a property long term
Overall the view is that we see a more stable property market so it looks like a good time for people to make a move on their property goals.
Don’t wait any longer. You can now buy a property without having a cash deposit upfront!
Deposit Guarantees are the ideal property cash deposit alternative and is great for buying by negotiation or at auction.