Five years on from Covid, where does the property market stand?
Five years ago, the world changed - the global pandemic had dawned and economic tumult followed. Half a decade on, we look at how the Australian property market has emerged from that uncertain time.
From rents to real estate, Perth's market topped the nation for price growth. (Image source: Shutterstock.com)
Five years is not necessarily a long time in property investing but the past half-decade provides a compelling counterargument to that position.
When you throw in a two-year global pandemic, border closures, business closures, interest rates on a roller coaster and an inflationary blowout amid a sustained period of flatlining of wages, that five years seems to have packed in a lifetime of living.
Exactly five years on from the World Health Orga…
