00:00We had a small correction after COVID, I guess, where there was a mass exodus from the cities and
00:06people wanted to move out a little bit and were prepared to travel to do so. And then our markets
00:13were flatlined a little bit. Since then, we've seen the reintroduction of those investors into
00:19our market. I mean, our days on market are as low as they've been in three years. And that increased
00:27pressure has put prices, you know, has increased prices. I think over the last four years, according
00:36to prop track data that we look at, we've seen around about $100,000 median price growth just
00:42in the Launceston market alone. We don't see anything changing in our marketplace at the
00:49moment. That sustained growth trajectory looks good. And certainly, The Economist reports the
00:55buyers agents we're dealing with, the people that do the research are suggesting that we
01:01should see that sustained growth for at least the next, you know, 12 to 18 months. Now, I
01:07don't have a crystal ball, but I think the message is clear. If you're looking to buy by now, with
01:14obviously various government grants available as well, it really increases affordability.
01:20First homeowners grants, first home builders grants, that sort of thing is saving you some
01:28in costs. And you should then also see that uptake over the next 12 to 18 months to two years.
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