Invest
RateMyAgent reveals Australia’s happiest vendors
Vendor happiness is on the rise, with a drastic increase in the percentage of vendors satisfied with the sale of their property, a survey has found.
RateMyAgent reveals Australia’s happiest vendors
Vendor happiness is on the rise, with a drastic increase in the percentage of vendors satisfied with the sale of their property, a survey has found.
The latest survey from RateMyAgent, which had more than 40,000 respondents, found that net happiness across Australia was at 41 per cent in December 2019, up from 20 per cent a year earlier.
The increase in satisfaction was linked to the recovery in the Melbourne and Sydney markets, where satisfaction rates were up to six times higher.
“Our Price Expectation Report shows just how far the property market has recovered, with happiness doubling in the year nationally, strong gains in metro areas and a surging Victorian market leading the charge. As we look to the year ahead, there are plenty of reasons for optimism,” RateMyAgent CEO Mark Armstrong said.
Victoria led the charge, with vendors satisfaction at 55 per cent in the last quarter, followed by Tasmania at 51 per cent.
“Buyers in Victoria are excited. Melbourne has the second highest median house price in Australia, and this is causing buyers to venture to Melbourne’s fringes – something which is undoubtedly accelerating growth in these areas. Here, buyers have so much more opportunity to purchase a quality home for a fraction of what they would otherwise be paying,” Leading Real Estate’s Adam Sacco said.
Victoria dominated the top 10 happiest areas list, with six locations, including Southern Melbourne, coming in at number one at 68 per cent satisfaction, followed by The Mallee in Victoria at 62 per cent and Eastern Melbourne at 60 per cent.
However, when it came to the least satisfied vendors, Queensland held five places at the bottom of the list.
Far North Queensland was the least happiest area, with only 15 per cent satisfaction rate; things were slightly better in Peel in Western Australia and Wide Bay-Burnett in Queensland at 19 per cent, followed by Central Queensland at 21 per cent.
RELATED ARTICLES
Property
Navigating the crunch: A 2025 case study of Australia’s housing market and the operators who outperformed
Australia’s 2025 property market was defined by a stubborn supply squeeze and cost-of-living pressure—tempered by rate cuts and targeted incentives. Yet a cohort of developers, lenders and agencies ...Read more
Property
Australia’s mortgage rebound: a 19% surge that reshapes pricing, risk and distribution
New APRA figures show new home lending jumped 18.9% in the September quarter year-on-year, signalling a demand recovery despite elevated rates. The upswing intensifies a three-way contest between ...Read more
Property
Short stays lose their shine: Why Australian investors are quietly pivoting to long‑term rentals
Australian buyers once lured by short-stay yields are shifting capital to long-term rentals. The driver isn’t sentiment; it’s operating economics under pressure from platform concentration, compliance ...Read more
Property
New investment platform Arkus allows Australians to invest in property for just $1
In a groundbreaking move to democratise investment in property-backed mortgage funds, GPS Investment Fund Limited has launched Arkus™, a retail investment platform designed to make investing ...Read more
Property
Help to Buy goes live: What 40,000 new buyers mean for banks, builders and the bottom line
Australia’s Help to Buy has opened, lowering the deposit hurdle to 2 per cent and aiming to support up to 40,000 households over four years. That single policy lever will reverberate through mortgage ...Read more
Property
Australia’s mortgage knife‑fight: investors, first‑home buyers and the new rules of lender competition
The mortgage market is staying hot even as rate relief remains elusive, with investors and first‑home buyers chasing scarce stock and lenders fighting for share on price, speed and digital experienceRead more
Property
Breaking Australia’s three‑property ceiling: the finance‑first playbook for scalable portfolios
Most Australian investors don’t stall at three properties because they run out of ambition — they run out of borrowing capacity. The ceiling is a finance constraint disguised as an asset problem. The ...Read more
Property
Gen Z's secret weapon: Why their homebuying spree could flip Australia's housing market
A surprising share of younger Australians are preparing to buy despite affordability headwinds. One in three Gen Z Australians intend to purchase within a few years and 32 per cent say escaping rent ...Read more
Property
Navigating the crunch: A 2025 case study of Australia’s housing market and the operators who outperformed
Australia’s 2025 property market was defined by a stubborn supply squeeze and cost-of-living pressure—tempered by rate cuts and targeted incentives. Yet a cohort of developers, lenders and agencies ...Read more
Property
Australia’s mortgage rebound: a 19% surge that reshapes pricing, risk and distribution
New APRA figures show new home lending jumped 18.9% in the September quarter year-on-year, signalling a demand recovery despite elevated rates. The upswing intensifies a three-way contest between ...Read more
Property
Short stays lose their shine: Why Australian investors are quietly pivoting to long‑term rentals
Australian buyers once lured by short-stay yields are shifting capital to long-term rentals. The driver isn’t sentiment; it’s operating economics under pressure from platform concentration, compliance ...Read more
Property
New investment platform Arkus allows Australians to invest in property for just $1
In a groundbreaking move to democratise investment in property-backed mortgage funds, GPS Investment Fund Limited has launched Arkus™, a retail investment platform designed to make investing ...Read more
Property
Help to Buy goes live: What 40,000 new buyers mean for banks, builders and the bottom line
Australia’s Help to Buy has opened, lowering the deposit hurdle to 2 per cent and aiming to support up to 40,000 households over four years. That single policy lever will reverberate through mortgage ...Read more
Property
Australia’s mortgage knife‑fight: investors, first‑home buyers and the new rules of lender competition
The mortgage market is staying hot even as rate relief remains elusive, with investors and first‑home buyers chasing scarce stock and lenders fighting for share on price, speed and digital experienceRead more
Property
Breaking Australia’s three‑property ceiling: the finance‑first playbook for scalable portfolios
Most Australian investors don’t stall at three properties because they run out of ambition — they run out of borrowing capacity. The ceiling is a finance constraint disguised as an asset problem. The ...Read more
Property
Gen Z's secret weapon: Why their homebuying spree could flip Australia's housing market
A surprising share of younger Australians are preparing to buy despite affordability headwinds. One in three Gen Z Australians intend to purchase within a few years and 32 per cent say escaping rent ...Read more
