Hey All,
I have been wondering how things changed so fast for the suburbs in Australia. Whether you look at Queensland or Victoria, people are looking for suburban properties. A big reason for this change is the rise in population in the suburbs after the pandemic. Many families moved to the safer regions or began downsizing in 2021 and then there was an influx of immigrants from across the world who thought Australia is a safe haven. So, to cater to the rising demand from the growing population, the real estate witnessed a big boom. The prices of commercial and residential properties are higher than 2019. Here is an article that will help you understand this.
