GRIP Insights : June 2025

June’s sales volume result closes out the strongest quarter across Melbourne and Geelong since Q2 2022.

1,007 sales were recorded, however many projects carried large deposit lists into July with a further 390 sales yet to be contracted at month’s end.

Across Melbourne and Geelong, 27 projects sold 10 or more lots, a strong signal of sustainable improvement.

Headline insights:

• Geelong delivered a strong June sales result across a broad project base with 13 projects recording 5 or more sales.
• This may have also been supported by a stock refresh in Geelong with 160 new lots added and 8 projects with releases of 10 or more lots.
• The West delivered the highest volume of sales of the 4 regions at 314 – it’s strongest result since May 2024.
• A heavy overhang of titled stock has been a key inhibitor of momentum over the past 12 months.
• However, we have seen titled stock on market diminish by almost 5% since April paving the way for continued growth.
• The only region that saw a month-on-month sales volume decrease from May was the South East however, a total of 175 deposits were reported as yet to be contracted at the end of month presenting a solid head start for July.
• The North delivered 307 sales for June, matching it’s May sales result. The major masterplans did much of the heavy lifting leading into EOFY.

June reports are now live for subscribers at gripinsights.com.au.

Contact Grant Neilson for any further info.

Check out the full June Snapshot below.