The Wrap Up
Our October 2024 Sight Unseen rental market data shows evolving trends across Australian markets, with the national average for interstate inspections at 23% (+1.02% from September) and international interest steady at 9.2% (-0.5%).
- Gold Coast: Leads the market with 32% interstate inspections (+1.7%) and strong international interest at 11.6% (+1.9%), showing continued growth in both markets.
- Sunshine Coast: Shows growth in interstate interest at 25.2% (+2.6%) while international interest decreased to 5.1% (-2.4%), indicating stronger domestic migration.
- Perth: Demonstrates renewed interstate interest at 22.1% (+1.4%) but experienced slight decline in international viewings at 5.8% (-0.3%).
- Brisbane: Maintained steady interstate performance with 22.1% (+0.4%) and decreased international interest at 8.9% (-2.5%).
- Melbourne: Interstate interest declined to 21.3% (-3.4%) while international interest increased to 12.9% (+2.7%), showing shifting rental market dynamics.
- Sydney: Saw an increase in interstate interest to 15.6% (+3.7%) and slight decrease in international viewings to 11.4% (-2%), marking significant domestic migration growth.
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Maximise the potential of sight-unseen visitors in 2024 by adopting a digital inspection strategy, tailored to meet the evolving needs of the modern property market.