In this episode The Property Planner, Buyer and Professor take a deep dive into the impact of the lockdown in Melbourne and Victoria border closures on the property market and broader economy, and how the key indicators were tracking up to this point. In this episode David Johnston, Cate Bakos and Peter Koulizos take you through: 1. Victoria back into lockdown just as consumer confidence and new listings recover to pre-Covid levels - what does this mean for the property market, economy and what are the differences from the last lockdown? 2. Lender scrutiny and efficiencies are clogging up the approval process, how can this impact your ability to snap up the right property? If you're looking to purchase or refinance, getting your ducks in a row is critical to ensure timely assessment. 3. Extension of repayment holidays for an additional 4 months through to 2021 as the liquidity bridge is extended for those who cannot meet their repayments, but how and who qualifies? 4. How does accessing your Super impact your ability to borrow? A little hint, it's not helpful... 5. How the property market has bounced back and is normalising with auction clearance rates steadying and new listings recovering - prior to Melbourne lockdown at least. 6. Buyer demand continues to hold up prices, with the combined capital city index showing only a 1% drop since Covid started and 1.3 buyers for every one new listing. 7. First time buyer purchases are going through the roof, as many take up Government and State based initiatives to get into their first home. 8. Rents continue to fall, particularly for the problem child of property - medium to high-density apartments in Melbourne and Sydney CBD and inner suburbs. 9. Will there be an economic or fiscal cliff? Public and private sector institutions continue to build the bridge to the other side with talks of extending JobKeeper and Jobseeker but making it more targeted, and extension of repayment holidays. 10. And of course, our 'gold nuggets' Visit the show notes - https://bit.ly/2ZtArxs