This one question remains in most people’s minds.
The market in the Bundaberg region has definitely started to ease. More homes are coming onto the market to sell, but that FOMO is not as high as it was in 2021.
With the current weather conditions during February and March it’s definitely impacted SE QLD and Northern NSW and now down to Sydney.
Will that make renting a property any easier in 2022?
Probably not…
We are noticing many people are holding off a little now with investing or purchasing.
Those that were going to list their property for sale or rental are not sure what to do.
We are also noticing with what is happening overseas, is impacting fuel prices here in QLD and around Australia. More people are starting to look at where they are living or wanting to invest.
At the start of the boom, everyone wanted acreage properties, but now more people are wanting to be closer to amenities and that in itself with bring more investors back into the market.
No one knows for sure if renting property will get any easier in 2022, the answer will be probably not, if anything it will stay the same and may get worse.
Here is hoping that it changes soon as there are so many people looking for housing, that the demand is outweighing the supply.
-
about 16 hours agoHow did the Bundaberg Property Market perform in 2024?
-
5 days agoBanks Revise Interest Rate Cut Forecast
-
15 days agoAustralia's Housing Crunch: Perth and Regional Queensland Hit Hard