Selling a house can be a time-consuming process, but in Perth’s suburb of Leda, homes are flying off the market in just eight days on average, according to new report from MortgageBroker.com.au.
“The competition is fierce,” with 431 buyers eyeing the eight available houses, said the experts at MortgageBroker.com.au.
Leda’s appeal lies in its affordability, proximity to major hubs, and a wealth of amenities, with the average house price at $528,000.
Close contenders in Perth
Brookdale follows closely behind, with homes selling in an average of 10 days.
Despite offering some of the most affordable housing in Perth at $485,000, Brookdale attracts buyers with its green spaces and future infrastructure plans.
Hillman and Darling Downs, both in Perth, tie for third place, with homes on the market for an average of 12 days.
In Sydney, Normanhurst and Dean Park round out the top five, with homes averaging 15 days on the market.
Normanhurst’s homes sell for nearly double the price of those in Dean Park, with averages of $1,928,000 and $905,000, respectively.
The report also highlights the fastest-selling suburbs in each major Australian city, reflecting the dynamic nature of the country’s housing market.
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