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'Our best month all year': Property market gets its mojo back

Miranda Ward
Miranda WardMedia writer

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Key Statistics

  • 40% upSeptember revenue month on month
  • 31% downSeptember revenue year on year

It has taken almost three-quarters of a year, but property advisory company Suburbanite has finally had a profitable month, as confidence returns to the property market.

Director Anna Porter says buyers and sellers have been concerned about JobKeeper payments being cut off in September, but the move to instead wind down the wage subsidy over time has helped to settle those nerves.

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Miranda Ward is a journalist covering media and marketing for The Australian Financial Review based in the Sydney office. Connect with Miranda on Twitter. Email Miranda at miward@afr.com

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    Original URL: https://www.afr.com/property/residential/our-best-month-all-year-property-market-gets-its-mojo-back-20201023-p56816