Easing of COVID-19 restrictions leads to Christmas settlement rush Victoria witnessed a 43% month-on-month increase in property sale settlements for the month of December, according to Australia’s leading online property settlement platform, PEXA. December is often an active month for property settlements Australia-wide, with the Friday before Christmas historically the busiest day on the property sector calendar. December 2020 recorded a 2
two-year high with 79,187 settlements taking place nationally, including 1,711 settlements on Christmas eve with Australian consumers rushing to grab the keys before the New Year break.