As consumer confidence returns to levels unprecedented since the outbreak, more than half of Australians believe that now is a good time to buy a house.
The latest Finder research shows that 59% of Australians believe that June 2020 is a good time to buy a house, compared with 42% in April. Among those who are willing to invest in buying a house, Generation Z is the most well-prepared. Among those aged 18 to 23, 55% think it is a good time to buy a house.
Finder financial expert Ha said that the situation of owner-occupiers is much better than expected. She said, “Despite being affected by the epidemic, many properties have been sold in the past few months. In fact, in some states like Victoria, the loan situation is still increasing year-on-year – the average loan amount has increased. 3.5%.”
Analysis of the states by Australian Bureau of Statistics data shows that to find preferential housing, the following is the median price of houses (including houses and apartments) in each capital city in May 2020:
