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July Market Update
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July Market Update

This month has been an interesting one to watch. While the global economy is experiencing a severe contraction, according to the RBA on Tuesday, the worst now looks to have passed. While Stage 4 Lockdown in Melbourne is impacting consumer confidence, the RBA noted that Australia’s downturn is not as severe as initially expected and a recovery is underway in most of the country. And on a micro-level, Brisbane’s residential property market is performing well, with limited supply and demand for owner-occupier product underpinning values. Read here for more on what Bluebird is seeing in the market…

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