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๐—ฃ๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฟ๐˜๐˜† ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ง๐—ถ๐—ด๐—ต๐˜๐—ฒ๐—ป๐˜€ ๐—ถ๐—ป ๐—™๐—ถ๐˜ƒ๐—ฒ ๐—–๐—ฎ๐—ฝ๐—ถ๐˜๐—ฎ๐—น ๐—–๐—ถ๐˜๐—ถ๐—ฒ๐˜€

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)

Subiaco finance brokers are here to help

Interest rate rises are here, but you donโ€™t have to fear with the right broker on your side.

The team at Sonam Capital are here to empower you through financial knowledge. Weโ€™ll 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.

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