Sight Unseen Reports

Rental Sight Unseen Report | September 2023

Sight Unseen | Interstate & International Trends in the Australian Property Market,

Real Estate Agencies

The Wrap Up

  • Overall, September saw a slight drop in the average interstate rental inspections from 24.7% to 23.2%. That’s 1 in 4 rental inspections around the country coming from outside the state the property is located in.
  • The Sunshine Coast is seeing almost 30% of rental inspections coming from interstate, and almost 10% coming from overseas.
  • Brisbane is seeing 24.8% inspections from interstate and 7% from overseas. This is up from 18.5% in June.
  • The Gold Coast is seeing 1 in 3 rental inspections coming from outside Queensland (33%), and 6.8% coming from overseas.
  • Melbourne is seeing just under 1 in 5 rental inspections from interstate (19.42%), which is up from a low of 15.3% in March. 8% of renters looking at Melbourne properties are inspecting from overseas.
  • Sydney’s interstate inspection numbers dipped slightly from 11.6% to 10.3%, with another 6.4% of inspections coming from overseas.
  • Perth’s interstate rental inspections remained at over 20%, sitting at 22.2% in the month of September, and nearly 9% coming from overseas.
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