QMI: December 2020

"Victorian and Queensland land markets saw rising sales volumes in the December quarter as buyers rushed to take advantage of the Federal Government’s HomeBuilder program, low interest rates and the first home loan deposit scheme.

Each of these markets is responding to its own unique opportunities and challenges.

For example, the Victorian market is rebounding strongly having undergone two extended lockdowns. The Queensland market also remains solid given its relative affordability and significant impact of HomeBuilder."

Julian Coppini Chief Executive Officer - Project Marketing