Australian property market sails through Covid storm as workers reinvent life
Last modified on Fri 29 Jan 2021 20.20 EST Australian property prices are set to rise to record highs this year, driven by a heady cocktail of people seeking a post-Covid lifestyle change, ultra-low interest rates and recession-beating government stimulus, a slew of new data shows. Sydney has already seen the median house price hit a new record high, according to data from Domain, as inner-city residents seize the opportunity presented by increased working from home provisions to seek out their dream lifestyles in outer regions such as the Northern Beaches and the Blue Mountains. Julia Doyle,...
Source: theguardian.com