Where Properties Sell The Fastest High demand means properties in some locations are selling in as little as seven days, according to a new report by Domain.
In Western Australia the fastest selling location is Leda, with an average of just eight days on market before a sale.
In New South Wales, Normanhurst and Dean Park properties sell on average within 13 days on market.
In Vitoria, Watsonia North homes sell on average within 21 days on market.
In Queensland, Brendale homes sell within 18 days on average. The suburb has a very small housing market, so properties are snapped up quickly once listed for sale.
In the ACT, homes in Fraser sell on average within 31 days while South Australia’s fastest-selling suburb is Hillier where properties change hands on average within 39 days.
Tasmania’s fastest-selling suburb is Rosney with properties changing hands on average in 22 days, while in the Northern Territory Nakara is the fastest seller with properties on market for an average of 74 days.
