RAY White Victoria corporate auctioneer Jeremy Tyrrell is optimistic about 2020 and he’s expecting positive growth for the property market.
After the highs and lows of 2019 - which saw buyers, sellers and real estate agents alike on a rollercoaster ride - the new year has begun with positive momentum.
“With the Australian elections over and new first home buyer schemes available, I think 2020 will usher in a lot of positive growth for the market,” Mr Tyrrell said.
With 20 years of auctioneering and real estate experience under his belt, Mr Tyrrell is confident in his predictions.
“This year is one of the most exciting years I’ve seen in a long time and I think that’s got to do with a few things - we are just starting to settle down after 2019, our lending is a lot more accessible and I don’t think we’re seeing the volume that we’d normally see at this time of the year,” Mr Tyrrell said.
“There’s a lot of buyer confidence out there as prices continue to rise - it’ll give owners a lot of confidence to go to the market and really get some good outcomes.
“Considering these factors, I think we’re in for a good year of growth and I think the numbers will steadily build.”
Mr Tyrrell is also expecting a large showing of first home buyers entering the market in the wake of more than half of the 10,000 First Home Buyer Loan Deposit Scheme spots on offer already filled.
“I think that first home buyers are heavily engaged with the government incentives and that’s another reason why the markets are strong,” he said.
“They’re incredibly active and I think that they’re very keen to take advantage of the government incentives on offer.” | 
