The regions where property listings have surged post-lockdown

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A jump in properties for sale in both Sydney and Melbourne in recent months has resulted in less competition for homes | kateburke_

. It also sees some agents set to work through the holiday period, as they try to clear their books before more homes are listed next year.

New listings in the Blacktown region and the inner south west – covering suburbs like Bankstown, Hurstville and Kogarah – were also more than two thirds higher last month than they were in September. All three regions were among the areas of concern subject to harsher restrictions during lockdown, whichBy comparison, new listings in the eastern suburbs were down 2 per cent last month, compared to September, pulling back from an initial post-lockdown spike.

While properties were drawing less competition and sometimes taking longer to sell, deals were still being done, he said, with larger homes in particular still in strong demand. Pockets of regional NSW also saw strong spikes, with listings climbing more than 50 per cent in both the Capital region surrounding the ACT and the Richmond-Tweed region on the NSW north coast.

 

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kateburke_ FOMO hitting sellers now.

kateburke_ Time to sell up, cash out, move West and retire on the profit.

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