After what was a tumultuous and challenging year, we now want to take the opportunity to look ahead at what real estate trends we can expect from the property market in 2021? There is a lot to look forward to for those looking to buy, sell, invest, rent, and lease in the coming year.
Digital transformation has been a rising force within our industry over the past decade. Last year, it was the make-or-break influence that sustained our business operations through the lockdown. Looking ahead, leading property technology and marketing services will be an expected part of the consumer journey, whether for sellers wanting to reach a wide audience, buyers wanting the convenience of virtual property inspections, or investors understanding the viability of a market.
The fallout of lockdown restrictions and more people working remotely has meant that buyers are now looking further afield property options that match their lifestyle, rather than the convenience conventionally found in cities. This decentralisation of city markets to more lifestyle locations exploded last year and we will no doubt see demand for properties in regional areas continue to be the focus of many buyers in years to come.
Regions that offer affordability, the strength of infrastructure, and a community culture that retains some of the lifestyle-amenities of larger city life will sustain this boom for years to come.
If you are considering making a move in 2021, give us a call on 4228 0888 for a chat about your property needs.