Name: Time to buy yet?
Brand: sydneycbdprop.com
SKU: sydneycbdprop-com-1
Availability: OnlineOnly

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Time to buy yet?

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We are now facing unprecedented times with historically high vacancies of rental properties in the CBD precinct as a result of COVID-19. Rental vacancies have come down materially from the peak and agents are seeing renters take advantage of lower pricing rent opportunities at present.
There are several reasons to buy still:• Interest rates are at an all time low• Impact of COVID-19 is likely to result in only a temporary change to rental behaviour in the CBD initially with NSW reopening its economy and a near term shift to workers returning to CBD precinct• Less competition in buying now when there is greater perceived uncertainty in the marketYou can see that good properties located in the Sydney CBD precinct are still selling in this current climate (examples of recent sale today 30/6/20):

We are now facing unprecedented times with historically high vacancies of rental properties in the CBD precinct as a result of COVID-19. Rental vacancies have come down materially from the peak and agents are seeing renters take advantage of lower pricing rent opportunities at present.
There are several reasons to buy still:• Interest rates are at an all time low• Impact of COVID-19 is likely to result in only a temporary change to rental behaviour in the CBD initially with NSW reopening its economy and a near term shift to workers returning to CBD precinct• Less competition in buying now...

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