PHOTO: Parts of northern NSW interestingly came in as some of the nation’s unhappiest vendors. Picture: Supplied Source: Supplied
Vendors outside Australia’s biggest cities are the happiest in the nation according to a recent property poll by RateMyAgent.com.au.
Regional real estate is so hot right now – as city slickers seek out greener pastures amid a global pandemic – however, it’s not just small town Australia that is happily reaping the rewards.
Hot spots such as Hobart and Canberra are also home to some of our happiest vendors.
RateMyAgent’s latest Price Expectation Report polled 20,000 vendors and discovered that 41 per cent of them outside large metropolitan areas are achieving prices over expectations.
The ACT was named the happiest state or territory for sellers, while Victoria and Tasmania had the majority of happy regions.
The quarterly report, which surveyed vendors between July and September, also revealed a six per cent boost of happiness compared with the previous quarterly study done when COVID-19 infections and market uncertainty was high.
Mark Armstrong, co-founder of RateMyAgent, said despite continued economic uncertainty, the report demonstrated the strong demand in regional Australia and its smaller capitals.
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