The allure of a sea change and the desire for more space continue to tempt buyers during the COVID-19 pandemic, with lockdowns cementing the appeal of coastal and outer suburban areas.
New data from realestate.com.au shows outer suburbs within commuting distance to CBDs and coastal areas remain popular with serious or highly-engaged buyers.
The pandemic has fuelled a reassessment of living arrangements, realestate.com.au senior economist Eleanor Creagh said.
“COVID is seeing an ongoing reassessment in lifestyle. Many people no longer need to live in close proximity to their place of work due to the shift towards remote work or hybrid work structures,” Ms Creagh said.