{"id":30128,"date":"2021-01-18T09:09:14","date_gmt":"2021-01-17T20:09:14","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=30128"},"modified":"2021-01-18T09:09:14","modified_gmt":"2021-01-17T20:09:14","slug":"millennial-reshuffle-changing-aussie-property","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/millennial-reshuffle-changing-aussie-property\/","title":{"rendered":"\u2018Millennial reshuffle\u2019 changing Aussie property"},"content":{"rendered":"<p><strong>PHOTO:\u00a0Despite economic uncertainty throughout 2020, Australians confidently embraced the housing market, pushing sales volumes beyond even 2019 levels \u2014 with Millennials leading the charge.<\/strong><\/p>\n<div class=\"story-content\">\n<p>Cameron Kusher, director of economic research at REA Group said despite all the challenges of 2020, the overall volume of residential sales was 9.6 per cent higher in 2020 than in 2019.<\/p>\n<p>\u201cWhile both capital cities (10 per cent) and regional markets (20.3 per cent) recorded increases in sales, the stronger lift in regional sales volumes confirms the very high regional search activity we were tracking on realestate.com.au resulted in an increasing number of people making the move out of capital cities,\u201d he said.<\/p>\n<div class=\"w650 h487 image media\">\n<div class=\"image-wrapper\"><img fetchpriority=\"high\" decoding=\"async\" class=\" image-loaded\" src=\"https:\/\/cdn.newsapi.com.au\/image\/v1\/6aa547622cc2014f1213ff9cfb78c14c?width=650\" alt=\"Central Queensland was a region which saw a 40% increase in YoY sales growth.\" width=\"650\" height=\"487\" data-src=\"https:\/\/cdn.newsapi.com.au\/image\/v1\/6aa547622cc2014f1213ff9cfb78c14c?width=650\" \/><\/div>\n<p class=\"caption\"><em><strong>Central Queensland was a region which saw a 40% increase in YoY sales growth. <span class=\"image-source\">Source: News Regional Media<\/span><\/strong><\/em><\/p>\n<\/div>\n<div class=\"w360 h540 image media\">\n<div class=\"image-wrapper\"><img decoding=\"async\" class=\" image-loaded\" src=\"https:\/\/cdn.newsapi.com.au\/image\/v1\/5790bbdc8c94712617ff87e81f9e8310\" alt=\"Greater Capital City Statistical Area change in sales volume in 2020. Source: Realestate.com.au\" width=\"360\" height=\"540\" data-src=\"https:\/\/cdn.newsapi.com.au\/image\/v1\/5790bbdc8c94712617ff87e81f9e8310\" \/><\/div>\n<p class=\"caption\"><em><strong>Greater Capital City Statistical Area change in sales volume in 2020. Source: Realestate.com.au <span class=\"image-source\">Source: Supplied<\/span><\/strong><\/em><\/p>\n<\/div>\n<p>\u201cWestern Australia saw the biggest lift in sales over the year (30.2 per cent) with large increases in both Perth at 23.4 per cent and regional Western Australia at 50.7 per cent,\u201d Mr Kusher added.<\/p>\n<p>\u201cThe areas with the largest increases in sales over the year were dominated by regional markets and outer capital city areas, highlighting a shift in population perhaps driven by the prevalence of working from home and lifestyle changes,\u201d he said.<\/p>\n<\/div>\n<p>READ MORE VIA <a href=\"https:\/\/www.news.com.au\/finance\/real-estate\/regional-markets-dominate-sales-volume-growth-in-2020-as-millennial-reshuffle-changes-property-landscape\/news-story\/5cd20d8d4a7e47ff3efeed06a19f9db0\">NEWS.COM.AU<\/a><\/p>\n<section id=\"top-posts-3\" class=\"widget widget_top-posts\">\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR<\/span><\/h3>\n<ul class=\"widgets-list-layout no-grav\">\n<li><a class=\"bump-view\" title=\"OnlyFans stars luxurious waterfront mansion | WATCH\" href=\"https:\/\/propertynoise.co.nz\/au\/onlyfans-stars-luxurious-waterfront-mansion-watch\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i1.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/12\/OnlyFans-stars.jpg?fit=634%2C792&amp;ssl=1&amp;resize=40%2C40\" alt=\"OnlyFans stars luxurious waterfront mansion | WATCH\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"OnlyFans stars luxurious waterfront mansion | WATCH\" href=\"https:\/\/propertynoise.co.nz\/au\/onlyfans-stars-luxurious-waterfront-mansion-watch\/\" data-bump-view=\"tp\">OnlyFans stars luxurious waterfront mansion | WATCH<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Gold Coast property veteran Max Christmas sells family home\" href=\"https:\/\/propertynoise.co.nz\/au\/gold-coast-property-veteran-max-christmas-sells-family-home\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2018\/09\/Max-Christmas-has-sold-his-family-home-on-the-Isle-of-Capri..jpeg?fit=800%2C450&amp;ssl=1&amp;resize=40%2C40\" alt=\"Gold Coast property veteran Max Christmas sells family home\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Gold Coast property veteran Max Christmas sells family home\" href=\"https:\/\/propertynoise.co.nz\/au\/gold-coast-property-veteran-max-christmas-sells-family-home\/\" data-bump-view=\"tp\">Gold Coast property veteran Max Christmas sells family home<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"Former All Black John Kirwan's Waihi Beach bach build to screen on TV | New Zealand\" href=\"https:\/\/propertynoise.co.nz\/au\/former-all-black-john-kirwans-waihi-beach-bach-build-to-screen-on-tv-new-zealand\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i0.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2020\/09\/Sir-John-Kirwan.jpg?fit=710%2C399&amp;ssl=1&amp;resize=40%2C40\" alt=\"Former All Black John Kirwan's Waihi Beach bach build to screen on TV | New Zealand\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"Former All Black John Kirwan's Waihi Beach bach build to screen on TV | New Zealand\" href=\"https:\/\/propertynoise.co.nz\/au\/former-all-black-john-kirwans-waihi-beach-bach-build-to-screen-on-tv-new-zealand\/\" data-bump-view=\"tp\">Former All Black John Kirwan&#8217;s Waihi Beach bach build to screen on TV | New Zealand<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"The 2021 Housing Crash? 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id=\"adswidget5-quick-adsense-reloaded-5\" class=\"widget quads-ad5_widget\">\n<div id=\"quads-ad5_widget\"><\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO:\u00a0Despite economic uncertainty throughout 2020, Australians confidently embraced the housing<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/millennial-reshuffle-changing-aussie-property\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":30129,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478106108,478098512,478098521,478102525,478109864,478108952,478114206,478098566,478098542,478098519,478098535,478114207,478099205,478098513,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098509],"class_list":["entry","author-data123nz","post-30128","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-aussie-property","tag-australia","tag-australians","tag-cameron-kusher","tag-central-queensland","tag-covid-19","tag-director-of-economic-research-at-rea-group","tag-first-home-buyers","tag-home-loans","tag-home-ownership","tag-house-prices","tag-millennial-reshuffle","tag-millennials","tag-property","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news"],"yoast_head":"<!-- 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