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NAB’s survey of property insiders claims that homebuyers are shifting their focus back to the suburbs from the regions after emerging from lockdowns:
Last year, Covid-related work flexibility initially led to a big change in perceptions around buying in regional areas.
But 12 months on, buying in a metropolitan area is considered somewhat more important than buying in a regional area, at 26 per cent versus 21 per cent respectively, NAB says…
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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