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The Australian property market has been tested many times over the last few years. And yet, it is still going strong.

Victorian Premier Daniel Andrews announced a $2.7 billion construction blitz to help kickstart the Victorian economy.

Looking into the future, it becomes challenging to predict the speed of economic recovery beyond the next few months. What the RBA has come up with as a solution is to work off a baseline scenario and from there make ‘plausible assumptions’.

“DEVASTATING DROP: Alarming prediction for Australia’s house prices!” Yeah, right. That’s what they’ve said the last fifty times.

While the overall property market has held up remarkably well, there are still areas that have been affected. And these areas are an opportunity for investors to buy low, add value, and make a tidy profit when the market recovers.

The announcement of lifted restrictions regarding group property inspections and on-site auctions will see a fast tracked increase of activity in the property and finance market.