Source: PEXA Insights
This month's highlights:
- Both NSW & VIC bounced back after 4-months of declining sale settlements, recording growth of 15.4% and 7.9% respectively
- The QLD market continued to charge ahead, with sale settlements up 13.7% for the month, recording a new high
- Refinances continued to trend significantly above levels seen in 2020, across the country
Monthly Settlement Insights - QLD - December 2021
Highlights:
Sale settlements
Sale settlements in Nov-21 were up 13.7% on Oct-21, and up 27.6% on the same month last year.
Aggregate value
Sale settlement aggregate value rose 18.3% MoM to $17.3B
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.
Nov-21 was up 13.7% on Oct-21, and up 27.6% on the same month last year.
Residential / commercial
- Residential settlements were up 14.5% MoM and up 34.3% YoY.
- Commercial was up 10.1% MoM and up 3.4% YoY.
Greater Brisbane / rest of QLD
- Greater Brisbane Area was up 14.8% MoM in Nov-21, a 38.7% rise YoY.
- Rest of QLD was up 12.7% MoM and up 19.2% YoY
