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Australian Property Investor Magazine
Apartment developers across the country are facing their toughest market in nearly a decade, with approvals plunging due to the COVID-19 crisis and little respite on offer in the form of state and federal government stimulus.
If ever there was a place name that best self-promoted its post-COVID lifestyle credentials, it would be hard to go past Sunshine Coast.
Apartment sales in the affluent western suburbs of Perth’s so-called Golden Triangle have taken off, with one suburb in particular attracting a disproportionate amount of interest and providing significant potential for capital growth.
Brisbane’s real estate market continues to prove its resilience, despite the coronavirus shock.
From buying his first property in regional Western Australia at just 22, John Monaco has taken a family commitment to property investment and turned it into a large-scale commercial and residential portfolio and a successful property development business.
Declines in home values continue to be mild across the country, but uncertainty is building around what the impacts will be once government stimulus is switched off and banks become less-friendly with lending policies.