First home buyers and tree changers are pushing up local demand

Vanessa Arundale
Updated September 22 2020 - 4:34pm, first published 3:30pm
Peter Georkas of Hutchinson and Harlow says demand has increased in the local market
Peter Georkas of Hutchinson and Harlow says demand has increased in the local market

According to the latest ABS figures new home lending was up 8.9 per cent from the previous month in July - the biggest increase in 11 years, and first home buyers made up around one-in-three of all owner-occupier buyers across Australia.

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Vanessa Arundale

Vanessa Arundale

Senior Journalist Northern Tablelands and North West

Everyone has a story to tell and I like to help them do it.

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