The real estate market in the coastal areas of Victoria is showing signs of enthusiasm. Buyers seem to be looking for houses close to the sea as they struggle to cope with the aftershocks of the coronavirus.

After the severe blockade in Melbourne last year, there was a wave of panic buying, but now entering the summer, the mornington Peninsula and Surf Coast and other seaside popular areas are constantly staged fierce competition for buying houses. After the emergence of new houses There will be many inquiries on the street soon. Experts say that the closure of international borders prevents people from going overseas for vacation, coupled with record low interest rates and working from home, making coastal properties more popular.

She said that this trend will continue into 2021 as people reassess their lives in the post-epidemic era. COVID-19 has changed the way wealthy homebuyers plan for the future. Some people are buying quickly for vacation or even retirement. “People generally think that they will not travel for a long time now, so they hope to have a house where they can live when they are blocked again. They want to feel surrounded by nature and live in a more remote and safe place. “

Buyers have also flocked to the surf coast areas of Torquay and Jan Juc.

https://www.domain.com.au/news/victorian-beach-houses-boom-as-covid-weary-buyers-snap-up-homes-within-days-1019606/