Ingenia Communities said the NSW lockdown cost it about $1 million in lost revenue during the recent school holidays even as greater numbers of grey nomads with caravans increased demand in Queensland.
Restrictions the state brought in from June 26 only had an impact on bookings in affected areas – those a couple of hours north or south of Sydney – in the second week of the school holidays.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
