{"id":36180,"date":"2021-12-21T07:22:42","date_gmt":"2021-12-20T18:22:42","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=36180"},"modified":"2021-12-21T07:22:42","modified_gmt":"2021-12-20T18:22:42","slug":"australias-most-searched-property-locations-in-2021","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/australias-most-searched-property-locations-in-2021\/","title":{"rendered":"Australia\u2019s most searched property locations in 2021"},"content":{"rendered":"

PHOTO: Bondi Beach. GQ<\/strong><\/p>\n

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It was a blockbuster year for bricks and mortar, as low stock levels and even lower interest rates fuelled a buying boom that saw the national median house price reach a record $994,579.<\/p>\n

Almost every corner of the country shared in the property market\u2019s success due to the emergence of buyer trends brought about by the pandemic, including tree changers and sea changers searching for serenity and space.<\/p>\n

But a deep dive into Domain search data shows that while such trends did emerge, a more traditional approach to real estate was still at the top of buyers\u2019 minds.<\/p>\n

In fact, the most searched regions on Domain in almost every state and territory were inner-city enclaves, partly because populous areas remain desirable, according to Domain\u2019s chief of research and economics Nicola Powell.<\/p>\n<\/div>\n

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NSW<\/b><\/h3>\n

Despite all the hype around moving to small towns along the coast, the number one searched area in the state was Sydney\u2019s eastern suburbs, where properties offer the best of both worlds by being close to the city and surf.<\/p>\n

Dr Powell said while there was a marked city exodus in 2021, the majority of the population remained in the city for a range of reasons.<\/p>\n

\u201cThey\u2019re densely populated areas, they\u2019re highly desirable, they\u2019re elite suburbs, on top of the wish list for many, they\u2019re premium homes, dreaming would [describe] some people looking into these areas,\u201d she said.<\/p>\n

\u201cWe\u2019ve got some beautiful areas within our cities, we have seen the increase in popularity of living regional and relocating, but clearly our cities are at the forefront of our minds when it comes to searches.\u201d<\/p>\n<\/div>\n<\/div>\n<\/section>\n

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The median house price in the eastern suburbs rose 27.4 per cent to $3.6 million in the year to September, on Domain data.<\/p>\n

Meanwhile, the region\u2019s median unit price rose 20 per cent to $1.26 million in the same period.<\/p>\n

The top three most searched regions in NSW on Domain were:<\/strong><\/p>\n

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  1. Sydney\u2019s Eastern Suburbs<\/strong><\/li>\n
  2. Sydney\u2019s Inner West<\/strong><\/li>\n
  3. Newcastle & Region<\/strong><\/li>\n
  4. <\/li>\n<\/ol>\n

    Victoria<\/b><\/h3>\n<\/div>\n
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    In Victoria, Melbourne\u2019s north took out the most searched region – an area that is home to big homes on big blocks of land, a key factor in driving its desirability among buyers, according to Ray White\u2019s chief economist Nerida Conisbee.<\/p>\n

    \u201cThe north is very popular. The north-east has a lot of big blocks and a lot of space and that perhaps reflects that, but it is also a bit more affordable than the eastern and south-eastern suburbs,\u201d Ms Conisbee said.<\/p>\n

    \u201cIt might be reflecting better affordability but also that continued desire to have more space as has evolved through COVID.\u201d<\/p>\n

    The median house price in Melbourne\u2019s north-east region rose 16.3 per cent to $820,000 in the year to September 2021, on Domain data.<\/p>\n<\/div>\n

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    The median house price in Melbourne\u2019s north-west region rose 6.6 per cent in comparison to $685,000 over the same period.<\/p>\n

    When it came to units, the median price in the city\u2019s north-west rose 18.1 per cent to $570,000, while it rose just 0.2 per cent in the city\u2019s north-east, to $531,250.<\/p>\n

    The top three most searched regions in Victoria on Domain were:<\/strong><\/p>\n

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    1. Melbourne\u2019s North<\/strong><\/li>\n
    2. Melbourne\u2019s Bayside<\/strong><\/li>\n
    3. Melbourne\u2019s Inner City<\/strong><\/li>\n<\/ol>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n

      READ MORE VIA SMH<\/a><\/p>\n

      https:\/\/www.instagram.com\/p\/CXqNERAFYa_\/?utm_source=ig_web_copy_link<\/p>\n

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      MOST POPULAR<\/span><\/h3>\n