Insights

The last few weeks have certainly been ones of chaos and ambiguity as the situation around COVID-19 has escalated for us fellow Victorians.

As we navigate and understand what this means for our lives, communities, and our industry, we understand that there are feelings of confusion and concern amongst our customers.

Although our physical Hodges offices must close in line with State Government legislation, please rest assured that we are here for you, and available, utilising online solutions and innovative strategies during this time. We have been matching families to homes for over 164 years and now is no different.

We have every faith that the Australian property market will be able to withstand the effects of the global pandemic. The Reserve Bank of Australia has provided $90 billion to the banks at a record low cash rate of 0.25 per cent, this is to safeguard a readily available cheap line of credit throughout this crisis. With the Federal Government monetary support, Australians and small businesses have been able to better position themselves and endure the effects of the crisis pandemic.

I implore you to reach out to your local Hodges Agent to discuss your property needs. We intend to be your real estate reference point and a source of knowledge during this difficult time.

As for now, stay home, stay safe, wear your mask and let’s work together to beat this!