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Why Victorian property demand is exceeding supply

Victorians considering selling their properties would be well-served to act fast, with market conditions currently heavily weighted in favour of vendors.

Melbourne rooftops and CBD
Buyers are outnumbering sellers by a vast percentage in Melbourne. Photo: Shutterstock

Victorians considering selling their properties would be well-served to act fast, with market conditions currently heavily weighted in favour of vendors. 

As 2021 kicked into gear, so did buyer search volumes. On 17 January, realestate.com.au recorded a 50 percent increase in web searches for residential properties for sale in Victoria, compared to the same time last year. 

Nationally, the story’s the same – buyer search volumes in the same cat…

Nationally, the story’s the same – buyer search volumes in the same cat…

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