๐ฃ๐ฟ๐ผ๐ฝ๐ฒ๐ฟ๐๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ง๐ถ๐ด๐ต๐๐ฒ๐ป๐ ๐ถ๐ป ๐๐ถ๐๐ฒ ๐๐ฎ๐ฝ๐ถ๐๐ฎ๐น ๐๐ถ๐๐ถ๐ฒ๐
Properties across Australia took a median 30 days to sell in the December 2023 quarter, according to CoreLogic, compared to 31 days the year before.
Days on market fell from 29 to 27 days in the combined capitals, which means the balance of power shifted towards vendors, while days on market rose from 36 to 41 days in the combined regions, which means market conditions shifted towards buyers.
Focusing on the capital cities, days on market fell in five cities during the year to December:
* Perth = 11 days (was 19 days)
* Brisbane = 21 days (27)
* Adelaide = 28 days (33)
* Sydney = 31 days (36)
* Canberra = 40 days (43)
Days on market rose in the other three:
* Melbourne = 30 days (was 29 days)
* Hobart = 39 days (21)
* Darwin = 55 days (54)
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Interest rate rises are here, but you donโt have to fear with the right broker on your side.
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