QMI: September 2021

“There’s a growing sense of optimism as COVID-19 restrictions lift. Record high land sales volumes and rising prices, underpinned by strong demand, are hallmarks of the current market.

The stage is set for greenfield and other residential property markets to continue to perform over the final months of the year.

The positive momentum continued in the last quarter driven by many of the factors that have played a role over the last year.

These include record low interest rates, government fiscal stimulus and improving confidence and optimism. Going forward, the gradual reopening of interstate and international borders, including the eventual full resumption of Australia’s migration program, will be a significant boost to the market.”

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Julian Coppini

Chief Executive Officer - Project Marketing