When it comes to property media, the propagandists at “Bricks and Mortar Media” take the chutzpah cake:
Federal Government moves to close Australia’s borders while calling for the return of overseas Aussies will help protect Sydney’s property hotspots from the COVID-19 downturn, according to Nick Viner, director of buyer’s agency Buyer’s Domain.
Mr Viner said the virus crisis has done little to stem demand for quality Sydney property, and part of the drive was from ex-pat professionals coming home.
“There are lots of Aussies returning from overseas locations and they could be here for the long haul.
“Where are they going to be living? Buyers’ agents I know across my network are seeing an influx of expats signing up. Many have actually brought forward plans to return to Australia on the back of the COVID-19 crisis.”
Mr Viner said local purchasers also remained active in Sydney’s inner addresses.
“Among the areas I cover across the Lower North Shore, Eastern Suburbs and Inner West we’ve seen little sign that activity has been dramatically hit.
“But my overall feel is that the resilience of Sydney property has come to the fore.”