What the federal election result means for the property market

What the federal election result means for the property market Kevin Pillay A shorter, shallower property price downturn could be on the cards on the back of the Coalition’s victory at the polls, experts say.

While auction volumes fell by a quarter to 917 in the week to Saturday's federal election, initial figures – based on the 633 results reported.

According to a movoto.com study of the California real estate market, house prices typically rise 1.5% less during an election year than in the year prior to the election, and 0.8% less than in the year following the election. This may not seem like much, but these percentage differences can add up over time.

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Jo Eccles, the Managing Director of buying and relocation agency Sourcing Property, explains what the election result may mean for the london property market: "The election result is going to create further uncertainty, which is likely to keep London housing activity at its current lower levels, certainly for the short-term.

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What the election result means for property owners Shane Kempton Investors as well as property owners can now breathe a big sigh of relief knowing that there will now be no changes to negative gearing as a result of the election of the Coalition Government.

With the 2019 federal election done and dusted and in our. time to analyse what the Coalition's win means for the Australian property market.

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