Spring Real Estate Surge: What Does It Mean for Sellers?
Q: What’s happening in the property market this spring?
A: Spring demand is booming across Australia, but supply remains limited. This imbalance is creating strong opportunities for sellers, with high buyer interest and competitive auction results.
Q: Why is now a good time for sellers to come to market?
A: our local observation show that sellers currently face less competition. With fewer properties listed, well-presented homes are standing out and attracting strong offers. Auction clearance rates are also at a 4 year high, showing just how active buyers are.
Q: How much have listings dropped?
A: Nationally, listings have fallen significantly. In the past 28 days, new listings dropped by 10.2%, and total listings are 14% lower than this time last year.
- Sydney: down 9%
- Melbourne: down 3.5%
- Brisbane: down 15.3%
- Perth: down 22.5%
Only regional Victoria saw an increase, with listings up 2.3%.
Q: How do we add value for potential vendors?
A: At Wakim Realty, we use up-to-date market insights — including local trends, stock levels, and buyer demand — to guide homeowners. With limited supply and strong demand, we help sellers feel confident about achieving great results.
Q: What types of properties are performing best?
A: Well-prepared, quality homes are attracting the most attention. With fewer options available, buyers are acting quickly on listings that are clean, well-presented, and competitively priced.
Q: Does the season itself play a role in market activity?
A: Absolutely. Spring brings better weather, which helps homes show at their best — especially gardens and outdoor areas. More people are out inspecting properties, and families are motivated to buy before the new year, and school term begins.
Q: What’s the takeaway for sellers?
A: If you have been considering selling, now it is a great time to get an appraisal. With strong buyer demand, limited competition, and seasonal momentum, sellers are well-positioned to achieve great results.