As the year is coming to a close, it’s a great time to reflect on the performance of the Australian property market for 2019.

It’s been a whirlwind kind of year in the Australian property market, where we’ve seen many external forces contributing to the ups and downs. At the beginning of the year, we saw the findings of the Banking Royal Commission, leading into the federal election, and the shock win from the Liberal Party, the rate cuts, the bad publicity around a potential crash in the property market.

Abroad, we’ve seen the ongoing discussions about Brexit, the trade war between US and China, and the Hong Kong riots.

Despite all of this, we’ve seen six consecutive months of growth across most major cities in Australia. Since a rocky start in 2019, it’s great to see the growth leading into 2020.