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February 2024 Results Snapshot

  • Category Research
  • Date 19.03.2024

The retail land market had a great February with a total of just 591 sales recorded across Melbourne and Geelong, a 46% increase on the number of sales recorded in January.

The Ladder (Gross Sales) 

In February the top trading projects were predominantly from the North region with the region home to the only four projects to record more than 20 sales.

Sales by Region

February was the first full month of trading for the year with January impacted by New Years holiday period as a result each of the metropolitan Melbourne regions recorded an increase in gross sales in February. The South East continues to be the best performing region recording an average of 5.5 sales per project.

 

 

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