Sight Unseen Reports

Sales Sight Unseen Report | 2023 Wrap Up

Sight Unseen | Interstate & International Trends in the Australian Property Market, 2023

Real Estate Agencies

The Wrap Up

Key Market Insights at a Glance for 2023:

  • Overall Trend: Remarkably, 25.35% of digital buyer inspections originated from outside their home states. This means one in four buyers were actively exploring interstate properties across Australia.
  • Sunshine Coast: demonstrated strong appeal, with over a third (34.7%) of inspections coming from interstate buyers. International interest was also notable, averaging at 7.7% over the year.
  • Gold Coast: Continued to attract robust interstate interest, with a significant yearly average of 38.9% in interstate buyer inspections, complemented by a healthy 8.3% from international buyers.
  • Brisbane: Showcased a consistent appeal to interstate buyers in 2023, averaging 23.6%, alongside a steady international interest of 6.4%.
  • Melbourne: Recorded a strong year, capturing a 20.9% average in interstate buyer inspections, and a solid 6.5% in international interest, indicating growing appeal.
  • Perth: Saw an upward trend, with nearly one in four (22.3%) buyer inspections coming from interstate. International interest also showed a positive trajectory, reaching an overall average of 6.5%.
  • Sydney: Maintained a steady range of interstate inspections, consistently hovering between 10% and 13%, marking a stable market presence.
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