Victoria's property confidence falls to near record lows
A new survey shows Victoria's property industry confidence has dropped to near record lows, raising concerns about the state's construction and development pipeline.
Is Victoria's property slump going to dry up construction work for tradies?
Builders and tradespeople in VIC may face fewer contracts and slower work pipelines as developer confidence falls and new projects stall.
Key takeaways
- Victoria's property industry confidence has dropped to near record lows according to a new survey.
- Low confidence signals fewer new developments, which can reduce work for builders and trades contractors.
- The state's construction and development pipeline is at risk if sentiment continues to decline.
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