Renovations boom during COVID-19, average loan over $60k People are spending more than $60,000 on average renovating their home, according to annual lending data — that’s a rise of more than 20 per cent in a year when lockdowns have people spending more time inside. Click here to read more
Renovations becoming more popular post-covid Australian renovators seem to be taking advantage of favourable market conditions, latest market figures indicate. According to the Australian Bureau of Statistics (ABS), the value of renovation works increased in August, up by 7% to $748m. This was the highest level recorded since April 2016. Click here to read more
COVID-19 renovation boom: Aussies are spending big as the Pandemic subsides The renovation boom continues as Aussie families take the chance to get a few things done around the house. This article from RealEstate.com paints a picture of this positive scene with Brisbane references Click here to read
Gerry Harvey explains “best results ever” An informative piece from one Universal Media Co’s biggest advertisers and one of the country’s biggest home retailers – Harvey Norman. According to Gerry Harvey “People are not eating out, not going on holidays and spending time at home. In many cases people have been given money by governments […]
Home Construction Projects on the Rise according to new report by BuildXact Residential construction software shows that there is strong demand for custom-built home projects and renovations across Australia. The number of quotes have risen from March 2020 to June 2020 by 28%, and quote values rose 29%. This fascinating new data source looks at […]
Lockdown gardeners see months of hard work bear fruit – and veg Australia Post data reveals online sales in the “home and garden” category peaked in mid-April and have held steady ever since. In recent weeks, it’s been growing above 95 per cent year-on-year, said Ben Franzi, Australia Post’s general manager of parcel and express […]
Work From Home contributes to the Development of Regional Australia – Especially Victoria This August 2020 bulletin on the ABC reports on the growth in Regional Victoria as more people move from cities. Master Builders Victoria CEO, Rebecca Casson, discussed the effect of Home Builder in raising interest in new builds and the greater flexibility […]
Property Developers Plough Ahead With New Projects Despite Coronavirus Housing Fears Melbourne might be one of the most tightly locked-down cities in the world right now, but a welter of recent property deals shows developers are betting on a rapid return to normality. Apartment Buildings continue to be commissioned in cities and regions around Australia. […]
Garden industry booms as Australians stay at home to blitz suburban backyards Gardeners stayed home in droves during covid, leading to a spike in business for nurseries and the horticultural products industry. While some are expecting things to settle down again, new gardeners have been won to the fold, and that is a boon for […]
Coronavirus motivating Victorians to save for homes: Westpac survey More Victorians are motivated to save for their first home because of coronavirus, which has also changed what the ideal property and living location looks like for many, new research has found. Click here to read more
