Six of the nation’s top 10 happiest regions for sellers are in Victoria, according to a new report.
The RateMyAgent survey of 33,000 Australians rated the Central Highlands and Goldfields as the state’s happiest for vendors, with a net seller satisfaction rating 45 per cent above average.
That placed the region third across the country, behind Canberra and Hobart.
Other high-placed Victorian regions included Melbourne’s outer east (43 per cent above average), northern suburbs (42 per cent) and the city’s outer west (41 per cent).
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A unit for sale at 4/18 Ayres St, Creswick, in one of Australia’s happiest spots for vendors.
A bluestone church at 1713 Ballarat Daylesford Rd, Newlyn is on the market for $1.3m.
Eastern Melbourne and the Mallee rounded out the top 10, at 40 per cent above the net seller satisfaction average.
RateMyAgent chief executive Mark Armstrong said there would likely be a sharp drop in seller satisfaction in the short term, with Melbourne buyers unable to inspect homes during stage four restrictions.
“But we’ll see it find its feet and bounce back pretty quickly,” he added, noting there had been an “astounding turnaround” following the first coronavirus lockdown.
“If we look at what happened in April, we saw seller satisfaction drop and that was really because the market just completely locked – everyone just froze,” Mr Armstrong said.
No. 8 Olivette Ave, Upper Ferntree Gully has price hopes of $2.3m-$2.5m
Leading Real Estate agent Adam Sacco said vendors delaying their selling plans had reduced stock on the market, leading to multiple bidders on available properties.
“A lot of people have held off selling in Victoria during the past six months, which has really dialled up the competition between buyers looking to enter the market or upsize,” Mr Sacco said.
“Victorian suburbs with lower median prices are going to remain extremely buoyant in the coming months, largely because of the government subsidies in place.”
Top 10 happiest regions for sellers:
1. Canberra ACT (47% net above)
2. Hobart TAS (46% net above)
3. Central Highlands and Goldfields VIC (45% net above)
4. Metropolitan Adelaide SA (44% net above)
5. Outer East Melbourne VIC (43% net above)
6. Northern Melbourne VIC (42% net above)
7. Inner West Sydney NSW (41% net above)
8. Outer West Melbourne VIC (41% net above)
9. Eastern Melbourne VIC (40% net above)
10. The Mallee VIC (40% net above)
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