Brighter Buying

#6 out of #10 Aussies say the time to buy is now

by Kate Watt, Marketing Manager 9 July 2020

Buyer sentiment has surged into positive territory after a dip in April due to COVID-19, according to new research.

Some 59 per cent – roughly 6 out of 10 Aussies – think now is a good time to buy property.

This compares to just 42 per cent in Finder’s April research, reports

Generation Z are the most optimistic generation, while more men than women think now is a good time to buy.

Finder money expert Bessie Hassan said owner occupiers are more active than expected given the impacts of COVID-19.

“There’s been plenty of properties selling … in the past couple of months despite the pandemic,” she said.

Finder tips Queensland will be a good place to sniff out bargains – but only for a short time with demand tipped to bounce back

“Queensland is feeling the impact of COVID-19 the most with a drop of 24 per cent in the number of owner occupier loans being taken out,” Ms Hassan said.

“Pent up demand could see the market rebound quickly.

“Opportunistic southern buyers may be circling the Queensland market looking to create wealth during a recession.”

We’ve certainly seen buyers remaining active in our local market.

Think the time is right to make your next move? View our current listings for sale or talk to us about selling.