March 2025 quarter
March offered a clearer view of the market’s shifting momentum. Buyer interest continues to rise, with enquiry volumes up 13% year-on-year, marking the highest level of March buyer enquiry since 2022. This is the latest step in a consistent upward trend that’s been building since September. Improved purchasing conditions, a broader choice of listings, homes taking longer to sell, and the ongoing support of a lower cash rate are all contributing to renewed buyer confidence. Notably, we’re seeing a distinct shift in demand toward the premium end of the market. The biggest shift in the proportion of buyer search activity on Domain was in the $2.5 million plus price range, followed closely by the $1.5 million to below $2.5 million bracket – a clear indicator that high-end buyers are re-engaging.
Auction Market
Houses
Units
Days on market
The average number of days Strathfield – Burwood – Ashfield properties were advertised for, in the last 3 months
Origin of enquiries
