According to The Australian Financial Review, Ray White Castle Hill sales executive Sara Perry, who is handling the sale, says the number of upsizing vendors had been growing since the onset of the pandemic, and so had buyers.
"Around 80 per cent of our inquiries are from buyers and sellers who are upsizing," Ms Perry said.
"They are upgrading because they now have the flexibility to work from home, so bigger homes are in high demand."
This trend was even more pronounced in Victoria, where the stricter stage four lockdown in greater Melbourne has prompted a staggering 1107 per cent rise in searches for "home office" on Domain – the strongest increase of all states and territories.
Home office searches have nearly doubled in NSW, and have more than tripled across the country during the same period.
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