Is now a good time to enter the property market? Many have been left pondering this question.
Since the advent of the coronavirus pandemic, Australia’s economy as a whole has taken a battering and while there’s no way of knowing how long this will continue, there are some positive trends when it comes to property. Housing markets have remained relatively resilient since the beginning of the pandemic.
CoreLogic’s head of research, Tim Lawless, said “Record low interest rates, government support and loan repayment holidays for distressed borrowers have helped to insulate the housing market from a more significant downturn,” Lawless said.
In an article by domain.com.au, Leah Calnan, president of the Real Estate Institute of Victoria (REIV) highlighted the advantages that technology had brought to the real estate industry: “Virtual inspections, online auctions and video calls will continue to keep clients and investors engaged,” Calnan said.
Here at Austin Lara, we have implemented a number of virtual offerings. We have created a virtual tour of the sales centre and Austin Lara estate so that you can experience what Austin has to offer from the comfort of your couch.
Discover a community that will grow with your family; a community with wide, tree-lined streets, an abundance of open spaces and waterways all included in Austin’s plan.
Browse our range of larger lot sizes and discover the location of your new family home and then the resources are there to allow you to enquire on and purchase land without having to leave your current house.
It’s clear that the Australian dream of homeownership rings true even through a global pandemic!
Austin stages 1, 2, 3, 4 and 6 are now sold out with stages 7a, 7b and 9 still available and more releases coming soon.
In line with current restrictions, Austin Lara’s on-site display suite remains open 11 am to 5 pm daily by appointment only (we ask that you please wear a mask) and is located at 285 Patullos Road, Lara (Corner of Bacchus Marsh Rd & Patullos Rd).
To make a booking, complete the registration form online and one of our agents will be in touch. For a copy of our virtual tour, simply register your interest in Austin Lara and you will receive an email with a link to the virtual tour.