12/01/2021
Welcome to 2021!
Ballarat is heating up, remember to slip, slop, slap..
Considering what 2020 offered up in the way of Covid 19, there was a silver lining for regional Victoria and, construction industry.
The talk of doom & gloom was far and wide.
There has been a 9.7% annual surge when comparing YOY
and a 38.6% 5 year surge, on median house prices.
The most heart-warming news, the increase in FHB loans, meaning that first time buyers could have a real chance of breaking into the market.
A move to regional Victoria might be the change you're looking for.
Source: Domain House Price Report 2019
https://www.domain.com.au/news/regional-victorian-house-prices-tipped-to-moderate-in-2020-after-this-years-strong-growth-experts-say-918977/ #:~:text=Ballarat%20was%20a%20strong%20performer,per%20cent%20over%20five%20years.&text=In%20Greater%20Bendigo%2C%20house%20price,of%20%24365%2C375%20over%20the%20year.
It's been a year of near-double digit price growth in regional cities as buyers chase affordable options or investments. But will the trend continue into next year?
