 |
| |||||||||||||
|
|
| |||||||||||||
 |
      |
Brisbane average just 24 days for an apartment sale
RP Data| December 2007
New research from RP Data shows that Brisbane is up there with quick sales, averaging just 24 days on the market before selling an apartment or 25 days for sale of a house in November 2007.
This compares favourably with other capital cities, such as Sydney with 29 days for units and 30 days for houses, and Perth at 31 and 36 days respectively.
“Brisbane continues to attract interstate buyers, particularly from NSW, Victoria and Perth”, says Adrian Parsons, Managing Director of TOTAL Project Marketing.
“This has had a flow on effect to surrounding south east Queensland areas, such as the Sunshine Coast and Gold Coast, with many buyers preferring the seaside location but still being able to commute to Brisbane within an hour’s travel time.” Those capital cities that are doing it tough to turn over stock are Adelaide, averaging 48 days for both unit and house sales and Darwin, with 65 days for units and 54 days for houses.
Melbourne leads the way in turning over stock, with just 21 days on the market for units and 22 days for houses. | |
