Westpac research released today has found more Australians are thinking about selling their home with four in ten (39%) homeowners planning to list in the next five years, an increase of 9 percentage points since November 2020.

Westpac used the IDS Likelihood to List Model to list the top areas where homeowners are most likely to list a property in the next six months. The model estimates the likelihood of a residential property listing for sale in the next six months and was used to find the 10 localities with the highest expected frequency of house and unit listings in the major capital cities in Australia, as well as regional areas by State.

The Westpac Media Release is at https://www.westpac.com.au/about-westpac/media/media-releases/2021/27-june/.