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Australia’s fastest selling suburbs

first_imgEager buyers keen to claim their own little patch of Australia are snapping up properties in just three weeks, as the country’s property boom continues.No suburbs outside of NSW made the national top 30 list of suburbs where properties spend the shortest number of days on the market before sale.Properties in the northwestern Sydney suburb of Cherrybrook, Naremburn and Queenscliff, along with Jannali in The Shire, tied for number one spot on the list.All four suburbs recorded a median number of days on market of just 21 between March 2014 and February 2015.The realestate.com.au data was compiled by measuring the difference between the days when a property was first listed on realestate.com.au to the last day it was listed. The results include only those suburbs that recorded at least 60 sales.Which suburbs made the list in your state? See belowFamily-friendly Cherrybrook is top of the list for buyers in SydneyWhile NSW was a clear winner on the list, properties in Victoria weren’t far behind, with five suburbs tying for the top honours.Properties in all five – Armadale, Carlton North, Clifton Hill, Ivanhoe East and Malvern – recorded a median number of days on market of 26.Of the top suburbs in each state, properties in Leanyer in the Northern Territory, spent the longest time on market with a median of 76 days.Thinking of selling? Get a Property Value Report for your homeBresicWhitney Estate Agents CEO Shannan Whitney says the short sale times are indicative of a sellers’ market.He says the market conditions are a result of demand from buyers and urgency on both sides for a sale.“When the market is good it feeds that urgency in number of ways and you tend to find fewer properties go to auction,” he says.“It’s the need to try and minimise the process and price is one of the main mechanisms.“Sales happen quicker, they will not go to auction because buyers are forcing results to get the property off the market.”Hot property: What $1 million buys you in AustraliaPublic transport and proximity to the city make Armadale a top choice for buyersWhitney says agents have seen the pace of the market pick up at the start of 2015.“We expected that to be how 2015 was going to start, given the momentum at the end of last year.”How to: Spot a growth areaWhitney urges buyers in the market for property to be pragmatic in their approach to a sale.“It’s important because it does require a certain amount of decisiveness and patience. I would encourage buyers to be aware of what outcomes they want.“You can still make good decisions when the market is a sellers’ market.”And he says vendors need to remain realistic about prices and understand where their property is performing in its particular market.The median number of days on market for homes in West Hobart was 40.5Top five suburbs with the shortest time on market by stateNSWCherrybrookJannaliNaremburnQueenscliffBeacon HillSydney buyer’s agent Rich Harvey of propertybuyer.com.au says Cherrybrook is popular for families with children as it lies in the Cherrybrook Tech School catchment area.“It’s also close to the new Castle Hill train station which is being built. It’s a nice family friendly, leafy suburb in northern Sydney.”Harvey says buyers looking to get into sought after suburbs should do their research on the area and be ready to make an offer if a house they like comes on the market.“You could also use a buyer’s agent, as they often get advance notice on properties coming up for sale.”VICArmadaleCarlton NorthClifton HillIvanhoe EastMalvernHocking Stuart Armadale Director Andrew James says buyers are always on the lookout for inner-city locations.“In Armadale in particular there are only 3,500 dwellings and not a huge amount of turnover. It’s highly sought after, for its village atmosphere plus close proximity to public transport.”ACTMore from newsAustralia’s best growth suburbs16 Feb 2015Up-and-coming suburbs set to boom20 Apr 2015O’ConnorDunlopHarrisonKambahMacgregorO’Connor, in the north of the capital, is one of Canberra’s high-demand suburbs. With a median house price of $750,000 it is home to a mix of young couples and older families as well as independent youth. The suburb commands a median rent of $495 per week. Homes in O’Connor tend to be detached single dwellings built along leafy, tree-lined streets.SAFullartonTranmereParksideRostrevorLockleysHomes in Parkside spent a median 50 days on the market before sellingWAForrestfieldCoolbellupSouth LakeHigh WycombeSeville GroveWith a median house price of $455,000 and just 15km from the Perth CBD, Forrestfield is in high demand among buyers. Data shows the suburb receives 323 visits per property listing in the past 12 months – well above the WA average of 198 visits per property.TASLenah ValleyWest HobartSouth HobartSandy BayMoonahSandy Bay, south of Hobart, has a median house price of $640,000 and is popular with young people, families and professionalsQLDCentenary HeightsBrinsmeadBrowns PlainsGlenvaleHarristownNestled in the southern suburbs of booming Toowoomba, Centenary Heights is riding the boom currently running through the Queensland city.House Estate Agents Principal Emmy Thies says the established suburbs is attractive to young families.“It’s a leafy green suburbs, really well-built houses and great established trees and parkland. There are also good schools and a nice café strip.”Thies says the Toowoomba market is the best she’s seen it in four years and is offering great opportunities for investors.Fast growing towns: Toowoomba in investors’ sightsNTLeanyerGillenKatherineStuart ParkRoseberyWith a median property house price of $620,000 and an average weekly rent of $620, Leanyer, in Darwin’s northwest, is in high demand from buyers. The suburb recorded 337 visits per property listing in the past 12 months, compared with the NT average of 217.last_img read more

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‘Eden Hazard can reach his true potential under Maurizio Sarri’

first_img Ronaldo warned Lukaku how hard scoring goals in Serie A would be before Inter move “The closer we keep him to the goal, the more balls we can get him to receive the ball around the box, the more effective he can be.“So far we play the majority of the games so far in the opposition’s half.“You get a lot of touches of the ball, especially our strikers, in the last 20 metres, which is where a striker with my qualities would have enjoyed it very much.” 3 REVEALED RANKED Sarri and Zola are preparing for a double-header against Liverpool Which teams do the best on Boxing Day in the Premier League era? Every Championship club’s best signing of the decade, including Taarabt and Dack impact Where Ancelotti ranks with every Premier League boss for trophies won England’s most successful clubs of the past decade, according to trophies won “I believe he can use his skills in a better way. I truly believe in this.“I think this year, the team, Maurizio in particular, will help him to reach his full potential.”Experience will help Hazard, says Zola, who played in a similar role at Chelsea as the 27-year-old does now. It is a role Zola would have enjoyed.The 52-year-old Italian added: “The way we try to play will benefit him a lot. We try to play (for) a long time in the opposition half. ADVICE Hazard has been deployed in a more advanced position under Sarri, devoid of defensive responsibility, and has scored five goals in four Premier League starts this season.Zola is convinced the Belgium playmaker, who hinted at a desire to join Real Madrid after the World Cup in a move which did not materialise, can get better and better.“I don’t think, in my opinion, he’s reached his full potential,” said Zola, speaking ahead of Wednesday’s Carabao Cup third-round tie at Liverpool. 3center_img Gianfranco Zola believes Eden Hazard can fulfil his true potential at Chelsea under head coach Maurizio Sarri.Zola returned to Chelsea as Sarri’s assistant, 15 years after ending a glorious playing spell at Stamford Bridge, and says his fellow Italian has opened his eyes to a “new world” of football. Top nine Premier League free transfers of the decade Every time Ally McCoist lost it on air in 2019, including funny XI reactions Hazard has been in fine goalscoring form this season silverware LATEST FOOTBALL NEWS BEST OF REVEALED 3 MONEY Zola has high expectations of Hazard Hazard was excused last week’s Europa League trip to PAOK in Greece after twice telling Sarri he was tired. But Zola hinted Hazard would feature at Anfield.“It looks like the more he plays the better he gets,” Zola added.Wednesday’s match, live on talkSPORT, is the first of two in four days with Liverpool, who visit Stamford Bridge in the Premier League on Saturday. Forbes list reveals how much Mayweather, Ronaldo and Messi earned this decade last_img read more

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