Where Buyer Demand Is The Highest
New data shows the suburbs where demand for property has increased the most in the past year.
PropTrack measured serious enquiries per online listings, such as emailing an enquiry, calling the agent or downloading documents, to determine the most in-demand locations.
Sydney and Brisbane dominate the list.
PropTrack senior economist Paul Ryan says potential buyers are focusing on locations that offer space or affordability or both.
“Affordability has been very stretched by higher interest rates, so people are altering what they’re looking for and searching for properties a little further out,” Ryan says.
As such many of the high-demand suburbs are on the fringes of capital cities.
The suburb with the most demand is Holgate on the NSW Central Coast, followed by Chandler in Brisbane.
In the ACT the most in-demand suburb for houses was Holt, in the NT it was Larrakeyah, Mylor in South Australia, Acton Park in Tasmania, Pakenham Upper in Victoria and Mirrabooka in Western Australia.
