Sight Unseen Reports

Sales Sight Unseen Report | August 2024

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

Real Estate Agencies

The Wrap Up

Virtual inspections continue to play a crucial role in property searches nationwide. In August, we observed an average of 23.8% of virtual inspections conducted from interstate and 7.4% from overseas. While most regions experienced slight declines in both interstate and international interest, Perth notably bucked this trend, showing significant increases in both categories.

Region Breakdown

  • Gold Coast: Despite a decrease, Gold Coast maintains the highest interstate interest at 36.3% and steady international interest at 8%.
  • Sunshine Coast: Both interstate and international interest declined, with interstate inspections at 27.6% and international at 5.1%.
  • Perth: Showed significant growth, with interstate inspections rising to 23.9% and international interest jumping to the highest rate of 10.5%.
  • Brisbane: Experienced a slight drop in interstate interest to 21.7% but saw an increase in international interest to 7.8%.
  • Melbourne: Saw declines in both categories, with interstate inspections at 19.2% and international interest at 4.6%.
  • Sydney: Interstate interest slightly increased to 14.4%, while international interest decreased but remained strong at 8.7%.
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