Brett Warren , National Director – Metropole Group
October’s property data is in – and it’s painting a vibrant picture for buyers and investors across Sydney, Melbourne, and Brisbane.
According to SQM Research, national residential listings jumped 10.9% month-on-month, with fresh stock under 30 days soaring 18.2%. That’s a strong signal that sellers are stepping forward with renewed confidence, and it’s creating real opportunities for strategic buyers.
Sydney and Melbourne led the charge, with listings up 13.2% and 15.4% respectively. Melbourne even nudged above last year’s levels, suggesting vendor sentiment is on the rise.
Brisbane, while showing a slight dip in new listings year-on-year, continues to shine in price growth – asking prices for houses are up 12% annually, reflecting strong demand and tight supply.
For investors, this dynamic market offers a chance to act while conditions are still favourable.
Distressed listings are down nearly 30% nationally, indicating that most homeowners are weathering interest rate pressures well. That’s a sign of stability – something savvy investors look for when assessing long-term potential.
At Metropole, we’re seeing firsthand how this spring momentum is translating into real movement. Buyers are more selective, but realistically priced properties are selling. Whether you’re upgrading, downsizing, or building your portfolio, now’s the time to lean into the data and act strategically. SQM Research’s insights confirm what we’re seeing on the ground, which is a healthier, more dynamic market.
