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buying property during COVID-19 Archives - Page 1

The Impact of COVID-19 on Sydney’s Property Market

impact of COVID-19 on Sydney property market

COVID-19 has put a damper on what would have otherwise been a big year for Sydney’s property market. Before the pandemic hit, the real estate industry was on its way to recovery following a disappointing 2019. Forecasters even predicted a 10% growth for the market.

But everything changed as soon as the coronavirus broke out. With the Australian economy struggling, all projections for the industry had to be recalibrated. As bad as things may seem for Sydney’s property market, there’s still a silver lining.

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How to Buy Sydney Property during COVID-19

Sydney property in the eastern suburbs

The ongoing COVID-19 global pandemic has made it a lot harder to Aussies to buy Sydney property these days. People are having a difficult time searching for or buying properties themselves because of the threat of the virus.

If you’re looking to buy in the current market, now’s the best time to hire a Buyer’s Agent. A professional buyer can help you find listings that aren’t readily available to the public. They can also inspect and evaluate the property for you, so you won’t have to expose yourself to the virus by going outdoors.

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