๐๐ผ๐ ๐น๐ผ๐ป๐ด ๐ฎ๐ฟ๐ฒ ๐ฃ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ถ๐ฒ๐ ๐๐ฎ๐ธ๐ถ๐ป๐ด ๐๐ผ ๐ฆ๐ฒ๐น๐น?
Across Australia, properties spent a median 34 days on the market before finding a buyer during the January quarter, according to CoreLogic.
That included a median 29 days in the capital cities and 44 days in the regions (see graph).
Days on market are a good indicator of the level of buyer competition and price pressure โ the lower the number, the hotter the market.
As the data show, thereโs considerable variation among our capital cities:
* Perth = 11 days
* Brisbane = 22 days
* Adelaide = 29 days
* Sydney = 35 days
* Melbourne = 36 days
* Canberra = 42 days
* Hobart = 44 days
* Darwin = 61 days
Subiaco finance brokers are here to help
Interest rate rises are here, but you donโt have to fear with the right broker on your side.
The team at Sonam Capital are here to empower you through financial knowledge.
Weโll take the time to get to know you and your unique situation and speak in a
language you can understand, with strategies you can implement for the best possible outcomes.
Nick, Wayne and Amanda at Sonam Capital are your Subiaco finance specialists.
