Australian suburbs where buyers are most likely to pay cash
PEXA’s new Cash Purchases Report revealed that in 2022, over one-quarter of residential property transactions within Queensland, NSW and Victoria were bought outright without a mortgage attached. The total value of residential sale settlements in the nation’s eastern states was $478.6 billion in 2022, with $122.5 billion — or 25.6 per cent — cash-funded. The … [Read more…]