Australians are unfazed by interest rate hikes as queues for second-hand properties reappear

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The human dragon reappears?

After experiencing so many interest rate hike cycles, the property market has indeed been quiet and slow for a while. However, when I go out to help clients view properties now, I find that there are quite a few people scrambling to buy properties in the market.

Today, I went to a two-story brick house on the east side of the city. It's on a good-sized lot and located on a quiet street. It has three bedrooms and a multi-purpose room downstairs. The asking price is over $900,000.

The Thursday evening event, open to the public, attracted more than 20 groups of people, and the entire street was filled with parked cars, making it lively.

After waiting for 5 minutes, I was able to get in first. I counted the shoes at the door and there were more than 30 pairs.😅

I'll give you a photo of the terrace view, so I can make a note of the room next door!

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