This report was written by Brook Monahan Founder & Managing Director of Mosaic Property Group. The report has been published here with their permission.
Understandably, many people are anxious to comprehend what impact COVID-19 will have on the Australian economic outlook over the next six to 12 months, especially here at home in South East Queensland.
My first thoughts continue to be with those who are deeply feeling the devastating impact of COVID-19, here and overseas. I am extremely conscious of the crippling effect it is having on key industries and their employees, as well as the obvious health impacts globally. Collectively, from the local community to the Federal Government, we should do all we can to rally behind these cornerstone sectors, so they are positioned to recover as quickly as possible. It is indeed heartening to see the historic measures the Government is currently putting in place to help ensure this.
At this critical time, with the continuing flood of media stories and a palpable feeling of confusion and uncertainty, it is vital to maintain a level perspective. This update intends to assist in providing important context around the current COVID-19 climate and some assurance on the strength of the Australian property market’s fundamentals, especially South East Queensland.
Read the entire 'Crossing the bridge to 2021 and beyond' report.
Read more about our thoughts on the COVID-19 health crisis and its affects on the Australian Property Market.
Browse Mosaic's current developements in South East Queensland. Here are the listings; Bela Apartments in Mermaid Beach, Avalon Apartments on the Maroochydore river, and First Bay in Coolum.