Brenton’s Property Predictions 2020

After a rocky start to 2019, I’m really excited to take the momentum that we saw at the end of 2019 into 2020, and I believe there’s going to be a big boost in the property market and property sector, especially in the inner suburbs of Melbourne, Sydney, and Brisbane.

The reason for this is because, earlier in the year for 2019, people didn’t want to sell their houses. They were going to sell their houses at a potential loss. Leading into 2020, the momentum’s back in the market, there’s rate cuts from the RBA, APRA loosened the loan lending policy, there’s more certainty in the market from the federal election around the tax cuts and tax benefits around negative gearing, so it is going to be a seller’s market and we should see increased buyers on the back of the factors we just spoke about.

So I’m really excited to see the growth in 2020 and can’t wait to see how it pans out.