February showed a traditional rise in new listings, total active listings, and sold properties across all four local LGAs (Newcastle, Lake Macquarie, Maitland, and Port Stephens). However, we are still seeing constrained inventory levels continuing on from last year. All LGAs reported their lowest active listings for February compared with the last four years of…
Tag: Median Days on Market
“Despite the most unaffordable conditions on record in many cities, along with a rebound in cost of living pressures and the prospect of a rate hike… [eventualised 4 Feb], we are still seeing a broad-based rise in housing values. The ongoing capital gains reflect persistently low inventory in the face of above-average housing demand, however…
Looking back over the last 40 years of Australian property values, “2025 ranked 11th highest for annual growth, reinforcing the market’s historical strength,” according to property economists, Cotality. They report only six periods of decline in the last four decades (2022 was the last, following a hot covid market). And the strongest years? 1988: 31.2%…
Realestate.com.au’s (REA) mid-year report is in. Houses in NSW sold fastest in two local suburbs: Beresfield tied for first with a median of 18 days on market over the last 6 months, while Cardiff South tied for third, with a median of 19 days on market. Nationally, the median days on market were 37…
Sales Trends – March 2025 Median Days on Market *Local data sourced from realestate.com.au MONTHLY HIGHLIGHT: