Top sellers in the south

Top sellers in the south

Posted on Monday, December 15 2014 at 10:49 AM

National residential property website realestate.com.au has released its quarterly ‘Top Sellers’ Markets’ figures, which reveal that South Australia is in the lead when it comes to demand from potential buyers searching on the website.

The
most recent list of top 10 suburbs with the most people looking per listing is
as follows:

For
the previous quarter, June-August 2014, New South Wales suburbs dominated the
list, while a year previously, both NSW and SA were strong contenders:

Previous quarter, June-August
2014

The
top suburb, Parkside, along with Norwood, Cherrybrook and Bella Vista, all
feature again this quarter showing their continued strength.

Continuing
to hold the hottest suburb in Australia title, Parkside has now featured at the
top seven times over the past 11 quarters. Parkside, Norwood and Cherrybrook
have all featured in Top Sellers’ Markets since last year. Since last year, two
Victorian suburbs have emerged this quarter – Albert Park and Ringwood North –
demonstrating that state’s popularity.

Principal
at Harcourt Brock Williams John Williams explains that locals in SA are house
proud, and the character homes that define Parkside are houses that people are
definitely proud of.

“South
Australians love their character homes,” Williams says, “and there are plenty
in Parkside that are really affordable… You don’t really see this in other
states, which is why properties in SA are consistently in high demand.”

Realestate.com.au’s
head of sales, Tom Ainsworth, says that a position in the Top Sellers’ Markets
is favourable for sellers, as it highlights high demand for properties in these
suburbs.

“If
a suburb is consistently featuring on the Top Sellers’ Markets list,” he says,
“it shows that buyers are determined to find a property in this area and are
always checking the site to see if a listing has come up.”

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