Financial Upheaval and Aussie Property

Financial Turmoil and Aussie propertyfI

At the beginning of the pandemic in Feb/ March the Australian stock market dropped like a stone and the banks predicted doomsday for Aussie property.

Since that time the banks have reversed their view on property, and the stock market has recovered to nearly its all time high back in February.

Having been through Black Monday in 1987, SARS, and many other financial downturns in my 30 year plus real estate career, I thought it would be really useful to see what happened to Australian real estate prices immediately following other stock crashes and major downturns.

Even I was surprised by the results. In fact, I was shocked!

So I put together a brief report, which you can download HERE.

 

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