Property Now Issue #10

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New South Wales takes top spot for property settlements By Isabelle Harris

Australia’s property boom is showing no signs of slowing down, with the battle for State of Origin honours going to New South Wales in April. The state recorded the most property sales settlements across the nation, according to the latest analysis by PEXA, Australia’s leading digital settlement platform.

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The ‘Blues’ win reverses the recent trend of Queensland dominance seen throughout quarter one of 2021, even with the ‘Maroons’ posting a 57% yearon-year increase for April. The property market experienced its moderate seasonal Easter decline – witnessing a 4.2% month-on-month, when comparing property sales settlements nationally from March to April.


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