PropertyDirector has launched an excellent new report called the Vendor Discount Ranking Report.
This report shows the top 50 suburbs in Australia where properties are selling at the highest discounts and highest premiums. This data is expressed as a percentage (%). A positive number indicates properties have been selling at a discount while a negative number indicates that properties have been selling at a premium.
We have published below the top 50 suburbs in Australia where houses have been getting sold at a premium in Dec 2023. Properties in these suburbs sold well above listed sale prices from agents.
Rank #6 - Paddington, NSW (2011) - houses sold at 35.4% above listed sale prices in Dec 2023
Rank #9 - Redfern, NSW (2016) - houses sold at 33.17% above listed sale prices in Dec 2023
Rank #10 - Clearview, SA (5085) - houses sold at 33.09% above listed sale prices in Dec 2023
Rank #12 - Hunters Hill, NSW (2110) - houses sold at 30.77% above listed sale prices in Dec 2023
Rank #18 - Banksia Grove, WA (6031) - houses sold at 26.12% above listed sales prices in Dec 2023
Rank #21 - Doonside, NSW (2767) - houses sold at 25.84% above listed sale prices in Dec 2023
Rank #25 - Moorabbin, VIC (3189) - houses sold at 25.02% above listed sale prices in Dec 2023
Rank #26 - Dean Park, NSW (2761) - houses sold at 24.89% above listed sale prices in Dec 2023
Go to www.propertydirector.com.au/choose-plan and subscribe to the Professional plan to get access now.