A positive outlook for Bayside and Lowe Living
While there is still some uncertainty whether the current momentum can be sustained, as most stimulus measures continue, with interest rates set to remain low for a number of years and as Australia’s economy continues to reopen, buyer demand will likely stay at near record-high levels in 2021, driving strong demand for property purchases (source: realestate.com.au).
The reassessment of people’s lifestyles has buyers looking to the suburbs, instead of inner-city at the moment, which will continue to drive up value in Bayside properties. While townhouses and single-level units will also continue to gain value (source: realestate.com.au).
In conclusion, Tim shared this final thought “We’re mindful that 2020 was a challenging year for many and there’s still some uncertainty about the impact COVID-19 will have in the future. However, early signs and predictions from top industry voices are positive and we’re very confident in our market. Our product and service is perfectly poised to respond to the returning demand for high quality, trusted end-to-end development and construction of beautiful homes that afford exceptional living and enjoyment for years to come.”
Note that all sources have been acknowledged and remaining information is based on personal ideas and opinions.