The Wrap Up
Digital property inspections in April show interstate demand increasing to 23.3% (+0.3%), while international interest declined to 6.7% (-0.6%) compared to March.
Here’s how each region performed:
- Sunshine Coast: Interstate demand grew to 21.1% (+0.3%), reflecting a modest recovery from March’s decline. International interest dropped to 3.9% (-0.4%), showing a continued softening in overseas buyer activity.
- Gold Coast: Interstate inspections increased to 27.1% (+0.8%), bouncing back slightly from March’s decrease. International demand remained relatively stable at 5.9% (-0.1%), maintaining consistent overseas interest.
- Brisbane: Interstate inspections rose to 28.2% (+2.1%), continuing the strong upward trend from March. International interest declined to 5.4% (-0.6%), reflecting reduced overseas buyer engagement.
- Melbourne: Interstate demand dropped to 17.3% (-1.6%), showing a decrease in out-of-state buyer activity compared to March. International inspections declined to 4.9% (-0.7%), indicating reduced overseas interest.
- Perth: Interstate demand fell to 24.3% (-3.5%), marking a significant decrease from March’s peak levels. International activity dropped to 7.0% (-1.2%), reflecting reduced overseas buyer engagement.
- Sydney: Interstate interest grew to 22.0% (+4.1%), showing continued strong recovery and the highest increase across all regions. International demand declined slightly to 12.8% (-0.8%), though remaining the highest nationally.
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