Bidders in big numbers in Australia's most contested markets
South East Queensland and outer suburban areas have dominated a list of Australia’s most contested property markets, where auctions are attracting hordes of active bidders, motivating sellers to start to mobilise.
The big crowd attracted to this auction in Brisbane's Annerley is an illustration of the high levels of buyer demand in the Sunshine State. Photo: Ray White Group
South East Queensland and outer suburban areas have dominated a list of Australia’s most contested property markets, where auctions are attracting hordes of active bidders, motivating sellers to start to mobilise.
Across the country, the average number of active bidders hit an all-time high in September of 4.1, with an imbalance between supply and demand continuing to fuel price growth.
Bidding activity was even higher in the 10 most contested …
