What are people looking for on realestate.com.au?
We all know how tight the competition is for quality properties in Melbourne and there is no sign of this changing any time soon.
Here are a few statistics from realestate.com.au that may help you understand the property landscape a little clearer.
Based on the number of clicks per online listing, Melbourne has the country’s four most desired suburbs for houses:
Warrandyte,
Richmond,
Brunswick and
Northcote
averaging about 3,200 clicks per listing.
For units:
Parkdale was at the top of the ranking with 1473 clicks with
bayside suburbs piquing fair interest.
What are people searching for the most? The search parameters being entered the most frequently are:
Four bedroom, two bathrooms, two car garage on 650 sq m of land.
This is the ‘ideal’ house for many who are actively looking at the market.
Although metro Melbourne is at the top of the list, the outer suburbs such as the area around Mt Dandenong are rising fast in searches.
What’s leading this demand? The amount of stock availability within these search parameters is quite low, creating a high demand and a relatively low supply. There are only so many properties within metro Melbourne which tick the boxes and are on the market. Buyers are accepting that their dream home may not be possible to purchase due to low supply and high pricing and are turning their interest to apartments.
If you’re looking for a high-demand ‘product’, we can help you cut through the competition. Contact Buyer Solutions to find out how by emailing info@buyersolutions.com.au
Also, once you find the perfect home, buying it won’t be easy. You may need a professional on your side to be the successful buyer. We are diligent, tough and tireless negotiators and Buyer Solutions will do everything in our power to help you put up the sold sticker on your dream property.
Buyers Agent, Buying property, First home buyers, Home buying, Housing Affordability, Housing Market
+61 39816 8555