PropTrack data analysts recently assessed the 20 top suburbs around the country that attracted the most email enquiries from first home buyers.
The analysis of email enquiries by first home buyers to agents on realestate.com.au during August showed that first home buyers around the country were most interested in units in the Melbourne CBD, followed by Parramatta in Sydney and Brisbane City.
The research indicates that Victorian first home buyers were the most actively engaged in the country, with ten out of the top twenty suburbs on the email enquiry list based in Victoria.
In the Top 20 Australian Suburbs, units in the Melbourne CBD took out the no.1 spot, followed by Point Cook (houses) at no.6, Tarneit (houses) at no.7, Craigieburn (houses) at no.8, Werribee (houses) at no.9, South Yarra (units) at no.10, Hawthorn (units) at no.14, Pakenham (houses) at no.15, Southbank (units) at no.19 and St Kilda (units) rounding out the list in 20th spot.
Escalating property prices and the repeated interest rate rises over the past year have made it increasingly difficult for first home buyers to get a foot in the door. Of the top 20 suburbs receiving email enquiries from first-home buyers, 60% were for units and the remainder for houses in outer suburbs, indicating first home buyers willingness to compromise on location or size.
If you’re a first home buyer ready to take the plunge, it’s a good idea to enlist the help of a property advocate. Chat to us about how a property advocate can help you buy your first home in some of the best Melbourne suburbs for first home buyers. Buyers can receive invaluable support and guidance through our Buyers Advocacy Service, and for people ready to sell, our Vendor Advocacy Service helps vendors achieve outstanding results.
To book a free 20-minute consultation, simply click here and choose a time convenient to you.
By Wendy Chamberlain
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With a passion for all things real estate spanning 20 years, Wendy loves that her role as a Buyers and Sellers Advocate gives her buying and selling clients an experienced voice they can trust when it comes to negotiating to buy or sell something as important as their home or investment. Wendy considers it a privilege to be asked to help others realise such an important goal as home ownership and to be trusted with that honour. Get in touch today via www.chamberlainadvocates.com.au for a no obligation chat about how Wendy can work with you and help you save time and money to secure your new home sooner.