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Suburbs with the fastest-selling properties revealed


Suburbs with the fastest-selling properties revealed
By Bianca Dabu
28 July 2021
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1 minute read
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The length of time properties remain on the market has significantly contracted as demand continues to strengthen and supply becomes more limited, new research has found.
Latest figures from REA Insights found that typical days on site for properties for sale stood at 38 days in June 2021 – much lower than the 71 days recorded in June 2020 and the 67 days recorded in June 2019.
In fact, all capital cities and rest of state regions saw days on site for properties for sale decline over the year, according to REA.
“Strength in Australia’s residential property market has proven to be somewhat of a global phenomenon during the COVID-19 health crisis,” property research analyst Cameron Kusher said. ....

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Top 10 inland rural towns to invest in


Top 10 inland rural towns to invest in
By Bianca Dabu
19 February 2021
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1 minute read
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While it’s become apparent that regional housing markets have stolen the spotlight, having outpaced their capital city counterparts in 2020, new research has shown that inland rural towns have also sprouted in popularity.
Housing values across regional Australia climbed 7.9 per cent in 2020, surpassing the growth rate recorded across the combined capital cities by over four times, the latest CoreLogic Property Pulse has revealed.
The top areas attracting buyer attention include high-profile regions such as Byron Bay and Noosa, including semi-rural markets like wine regions and hinterland locations close to the major metro regions. ....

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