Where have property prices leapt most since ‘remarkable’ post-Covid boom?
Rarely have forecasters got it so wrong - in the four years since the onset of Covid property prices have soared and homeowners in some areas have enjoyed returns above 70 per cent.
Queensland and South Australia led the nation’s price growth, with home prices up over 60 per cent in both states’ regions and capital cities. (Image source: Shutterstock.com)
Four years ago, the world was panicked and confused, cities were locking down their citizens and in the property market, doom and gloom was forecast for property prices.
Rarely have forecasters got it so wrong.
Australia’s collective response to the Covid pandemic was a flight to safety in the regions, a redirection of spending money to property investment, and a concerted effort to bolster savings and pay down debt.
Data released Wednesday (3…
