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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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Fast reaction: 3 quick takeaways from Syracuse’s loss to No. 1 Clemson

first_img Published on November 14, 2015 at 7:06 pm Facebook Twitter Google+ Syracuse (3-7, 1-5 Atlantic Coast) fell to No. 1 Clemson (10-0, 7-0), 37-27, after a frantic first quarter saw Syracuse tie a game once 14-0 in favor of the Tigers. The Orange climbed within seven in the second half but never jumped out in front, dropping its seventh consecutive game and eliminating it from automatic bowl contention.Here are three quick takeaways:On the runZack Mahoney was inefficient in the air, so he turned to the ground. The walk-on quarterback making his second start against a top-10 opponent ran for two scores despite a meager 38.1 completion percentage.His first tied the game at 14 in the first quarter after Syracuse fell behind by two scores in less than two minutes. The second brought the Orange within seven in the third.AdvertisementThis is placeholder textBut Mahoney overthrew receivers on several occasions and wasn’t able to jumpstart a fourth-quarter comeback when the Orange needed it most. He may be Syracuse’s quarterback for the remainder of the season, and Saturday provided a mixed-bag look into the near future.Curious George George Morris has run for less than eight yards in five separate games this season. Never did he surpass 71.On Saturday, he ran for 80 yards on 14 carries, shouldering the bulk of SU’s ground game after starter Jordan Fredericks left with an upper-body injury in the first half. Morris even factored on special teams, gunning down CU returner C.J. Fuller at his own 14-yard line in the second half.He still hasn’t reached the end zone this season, but provided a glimpse of optimism even though it’s too late.Dowels movementRedshirt-freshman cornerback Juwan Dowels was burned by Deon Cain for a 40-yard touchdown at the start of the second quarter. It put Clemson back up by 14 after Syracuse had erased a two-score deficit.But as SU regained traction, so did Dowels and he made two vital pass breakups to prevent Clemson from running away. On one, Clemson quarterback Deshaun Watson was hit as he threw and the ball fluttered into the end zone.Dowels timed it, swatted it down and made a play that Syracuse has rarely gotten from its defensive backs this season. Commentslast_img read more

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Men’s Soccer: Badgers fall to Butler, Portland without scoring a goal

first_imgThe first true road test for the University of Wisconsin men’s soccer team (2-4-0) ended in disappointment, a shutout defeat at the hands of the Butler Bulldogs (3-1-0) by a score of 1–0.Following the Badgers’ 2–1 victory over Lehigh University, the stage was set for a classic in this year’s Sellick Bowl. Unfortunately, the trip to Indianapolis resulted in a night complete with merely four shots on goal — a stat the Bulldogs capitalized upon in Thursday’s matchup. Possession was relatively balanced throughout the first 45 minutes, but the opening half highlighted some of the Badgers’ attacking weaknesses. The lack of forward production meant the game hung in the balance, and immediately after the start of the second half, Butler struck the back of the net for the game-deciding goal. The sweltering 90-degree contest did feature the Badger goalie, Dean Cowdroy, who recorded two saves on the night, keeping the team afloat throughout the day.Men’s Soccer: Sluggish start dampens post season hopesThe University of Wisconsin men’s soccer team came into this regular season with what were certainly high expectations following a Read…Looking to rebound after the road defeat, the Badgers returned to the McClimon Complex to take on the Portland Pilots (3-2-1) Sunday. After a hot start to their season, the Badgers managed to slow the aggressive Pilots, as their eight shots missed the mark in the first period. Despite the relentless Pilots’ attack, Cowdroy recorded a brilliant save at the beginning of the second frame, keeping Portland out of the scoring column on their ninth shot.But the inexperience of the Badgers’ front line meant they could only muster one shot on goal, and in the end the defense relented, conceding in the 55th minute what would be the game’s only goal. The Lander College transfer Cowdroy has certainly aided the defensive strength of the Badger unit, posting impressive saves and keeping the Badgers close throughout the first six games. Now it is critical to acclimatize the forwards, increase team chemistry in the attacking half, and begin to offer pressure toward opposing defenses.Badger soccer looks to gain momentum heading into Big Ten playThe University of Wisconsin men’s soccer team looks to bounce back following a disappointing performance at the Lakeside Classic in Read…Of the Badgers’ four losses thus far, all have come without a goal. With six matches in the book, the Badgers will look to pull off the upset against reigning Big Ten champs Indiana, as they open conference play Sept. 20 in Bloomington, Indiana.last_img read more

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