Real Estate COVID restrictions lift and prices continue to rise

Property wrap: Open for inspections are back
Property wrap: Open for inspections are back

COVID restrictions such as no open homes and online auctions have certainly not hurt house price growth in recent times.

Yet the news that in NSW at least that open homes are back, along with on-site auctions is expected to ramp up even further interest in the hot property market.

For all the ins and outs of the new real estate rules, we have a full guide.

Open Homes are allowed again in NSW, as COVID restrictions are eased across the state.

Open Homes are allowed again in NSW, as COVID restrictions are eased across the state.

Meanwhile it seems it pays to put off making a decision - like selling a home - as the sale of a NSW South Coast home this week showed.

The latest sky-high price comes as coastal Illawarra and south coast properties continue to beat records.

The enviable view from the Gerroa house which sold for $7.1 million, after being listed for $4 million in 2020.

The enviable view from the Gerroa house which sold for $7.1 million, after being listed for $4 million in 2020.

The Black Chapel estate in Wollongong's northern suburbs has a price guide of $4 million.

The Black Chapel, which is now on the market for $4 million has been a family home and location for TV shows.

The Black Chapel, which is now on the market for $4 million has been a family home and location for TV shows.

The current owner's grandparents bought the property in 1911, and original photos of the home at the time show how much the Maryville area has changed.

And new research has revealed the regional markets where house values have grown the fastest since the beginning of the COVID-19 pandemic, with one region clocking a 50 per cent price increase.

The decision was announced after some buyers at one Canberra new development had their sales contracts cancelled.

This story Property wrap: Open for inspections are back first appeared on Illawarra Mercury.