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PEXA Property Insights

March 2022 Quarter

Settlement highlights

Seasonal declines were recorded for the Mar-22 quarter off the back of a record Dec-21 quarter

At first glance the market seemed to show signs of weakening, however it is normal for settlement volumes to dip in the new year, as fewer properties settle in January due to the holiday period.

Settlements in the Mar-22 quarter were comparable to the same period in the prior year, with volumes remaining at historically high levels, although growth flat-lined.

Download the PEXA Property Insights Report – March 2022 Quarter.

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QLD led the country for a third successive quarter

QLD recorded 51,458 sale settlements in the Mar-22 quarter, slightly ahead of VIC on 50,702 and eclipsing southern neighbour NSW on 48,100.

Download the PEXA Property Insights Report – March 2022 Quarter.

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$62.3B worth of property settled in NSW in the Mar-22 quarter.

Australia’s most populous state once again recorded the highest aggregate value, well ahead of VIC at $50.9B.

Download the PEXA Property Insights Report – March 2022 Quarter.

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Overview

This report aims to provide a comprehensive view of property settlement trends in Australia, highlighting both volumes and aggregate values for sale settlements in key states. We trust you will find the unique data and insights in this report valuable and we hope it delivers a new perspective on the health of the Australian property market.

Download the PEXA Property Insights Report – March 2022 Quarter.

Methodology

This report covers the key states of NSW, VIC, QLD, and WA (our analysis excludes SA,TAS, ACT & NT). Settlement figures quoted are total settlements, they include all digital and paper-based settlements for residential and commercial property unless otherwise stated. Non-monetary settlements such as family transfers or gifts have been excluded.

 
Disclaimer

This document provides general marketing information, and is not intended to be an investment report nor does it constitute financial product advice. The data used in this document is a combination of PEXA data and data acquired from third parties. Any opinions, conclusions or recommendations in this document are based on the information available at the time of its compilation. No representation or warranty, either expressed or implied, is made or provided as to the accuracy, reliability or completeness of any statement made in this document. Any opinions, conclusions or recommendations in this document are subject to change (without notice) and may differ or be contrary to the opinions, conclusions or recommendations expressed by other analysts. Any valuations, projections and forecasts here in are based on a number of assumptions and estimates and are subject to contingencies and uncertainties. Different assumptions and estimates could result in different results. PEXA does not represent or warrant that any valuations, projections or forecasts, or any of the underlying assumptions or estimates, will be met. PEXA is under no obligation to, and does not, update or keep current the information contained in this document. PEXA accepts no liability for any loss or damage arising out of the use of all or any part of this document. All material presented in this report, unless indicated otherwise, is subject to PEXA’s copyright. None of the content may be altered in anyway, transmitted to, copied or distributed to any other party, without PEXA’s prior written permission.
Information used to compile this report was sourced from the PEXA System with the approval from the Registrar of Titles in relevant jurisdictions. The relevant State Governments do not accept any responsibility for the accuracy or completeness of the information or its suitability for any purpose.

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