Sale settlements in Sep-22 were down 3.0% on Aug-22, and down 8.8% on the same month last year.
Sale settlement aggregate value fell 6.0% MoM to $14.3B.
Settlement figures quoted are total settlements, they include digital and paper-based settlements for residential and commercial properties, unless otherwise stated. Any non-monetary settlements such as family transfers or gifts have been excluded.
- Sep-22 was down 3.0% on Aug-22, and down 8.8% on the same month last year.
Residential / commercial
Residential / commercial
- Residential settlements were down 4.2% MoM and down 9.2% YoY.
- Commercial was up 13.5% MoM and down 2.3% YoY.
Greater Melbourne / rest of VIC
- Greater Melbourne Area was down 2.6% MoM in Sep-22, a 7.4% decline YoY.
- Rest of VIC was down 4.2% MoM and down 12.1% YoY.
- Sale settlement aggregate value fell 6.0% MoM to $14.3B.
- This represents a 11.0% decline on Sep-21 which was $16.1B.
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