As the nation continues to grapple with the coronavirus crisis, experts believe the Australian property market is yet to see the full impact of the virus on property prices.
An analysis of property prices in the first five months of 2020 suggests apartments and more affordable regions have so far born the brunt of the economic downturn, while experts point to surprising resilience in inner-ring capital city markets.
Professor Shaun Bond from The University of Queensland’s Business School provides his insights with realestate.com.au on COVID-19’s impacts on the housing market to the many worst-case predictions made during lockdown.