‘Purchasing online is here to stay’: George Bougias predicts property market trends

·

National Head of Research at Oliver Hume, George Bougias, has shared his predictions for the Australian property market in an interview with Capstone Property.

Mr Bougias said that during the COVID-19 pandemic, the property market has been significantly impacted by record low interest rates, working from home and government support, especially the HomeBuilder incentive.

“We also saw many people transacting property through online platforms, such as our own proprietary platform, which was quite new for the sector,” Mr Bougias added.

On the topic of technology, the property economist stressed how it “removes many unknowns, makes it easier overall and enables many buyers to secure a property without the need to travel.”

“This shift to purchasing property online, in some cases sight unseen, is here to stay,” Mr Bougias said.

“People can choose a block of land and transact everything online. This is a big opportunity for buyers to transact quickly and seamlessly – you can, effectively, secure property in a few clicks of the mouse.

“It’s an exciting time.”

Source: Capstone Property.

greek film festival melbourne

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

The man for all jobs: How a Greek migrant turned setbacks into 7-figure success

When Christof Mantzanas stepped off the plane in Melbourne on 10 March 2015, he had just $1,000 in his pocket.

Jimmy’s Kitchen brings authentic Greek hospitality to The Rocks

Sydney diners can now experience the warmth, flavour, and soul of a traditional Greek taverna without the flight to Greece.

Greek Community of Melbourne enhances safety with defibrillator training seminar

The Greek Community of Melbourne (GCM) took a notable step towards enhancing community safety by organising a defibrillator training seminar.

Wills without the Trojan War

After nearly 15 years in the legal industry, I’ve lost track of how many matters I’ve worked on involving family disputes over estates.

From tech to health: Greek Australians driving innovation in 2025

Australia’s Top 100 Innovators celebrate those who turn setbacks into breakthroughs. This year, three Greek Australians are among them.

You May Also Like

New museum opens up beneath the Acropolis Museum in Greece

A new museum beneath the Acropolis Museum opened to the public, attended by the President of the Hellenic Republic, Katerina Sakellaropoulou.

Alex Hawke MP faces possible Liberal party expulsion

Alex Hawke MP, the former Federal Immigration Minister, will face a motion later this year to be expelled from the Liberal party.

Homer and Archaeology: Melbourne seminar explores myth, history and truth

This talk reviews these developments and assesses whether it is still worth pursuing a connection between objects and epics.