These are the suburbs where homes are selling the fastest

first_img9 Gowrie St, BrendaleIf you snooze, you’ll lose in these suburbs where properties sell quicker than most buyers can get a chance to see them.There are 26 suburbs within the greater Brisbane region, where houses or units sell within 20 days or less of hitting the market.The fastest seller in the house market was Brendale, about 17km from the CBD, where a house could sell on average within just nine days.Only 13 houses changed hands in the small northside suburb in the past 12 months, according to CoreLogic.And with little on offer and a reasonably affordable median house price of just $465,000 it’s not hard to see why.There are only two houses listed for sale in Brendale on is a three-bedroom home at 8 Doonside Parade which is listed for offers of more than $425,000. The other one is a five-bedroom home at 9 Gowrie St, listed for $525,000.Donna Roughan of Pine Rivers Property Services – Strathpine said while Brendale was better known for commercial activity, the pocket of residential homes had started to attract the same “kudos’’ as nearby suburbs such as Eatons Hill. Ms Roughan was marketing 9 Gowrie St, after having sold it to the current owners a few years ago.More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus19 hours agoShe said the market value of the property had increased substantially since then and believed that Brendale had become more popular because it was closer to up-market suburbs in the area such as Albany Creek and Eatons Hill.Ms Roughan said those areas had experienced an increase in amenity and infrastructure in recent years which also made it a more desirable location.“I just think people are coming five minutes further out and finding Brendale is a nice place to live.”9 Gowrie St, Brendale, one of only two houses listed for sale in the suburb.She said in the past quarter buyers had begun commenting on how quickly homes were selling in the area and that no sooner had they come on the market than they were under contract.The fastest selling unit market within the greater Brisbane area was Wishart on the southside, about 16km from the CBD, where units sold on average after 11 days on the market. The median unit price was $440,000 and there are no units listed for sale on at the moment.The only other suburb where units sold in such a short period was Boondall with a median unit price of $416,000 and an average 20 days before a buyer was found.BRISBANE’S FASTEST SELLERS:BRENDALE (House) – 9 daysWISHART (Unit) – 11 daysFERNY HILLS (H) – 14 daysCARINA (H) – 14 daysCHAPEL HILL (H) – 15 daysJINDALEE (H) – 16 daysCHERMSIDE WEST (H) – 16 daysGEEBUNG (H) – 16 daysARANA HILLS (H) -16 daysSTRATHPINE (H) – 16 daysSALISBURY (H) – 17 daysMOOROOKA (H) – 18 daysALBANY CREEK (H) – 18 daysBRAY PARK (H) – 18 daysGRIFFIN (H) – 18 daysMANSFIELD (H) – 19 daysSTAFFORD (H) – 19 daysTINGALPA (H) – 19 daysMARBURG (H) – 19 daysPINE MOUNTAIN (H) – 19 daysKALLANGUR (H) – 19 daysPETRIE (H) – 20 daysBOONDALL (U) – 20 daysCARINA HEIGHTS (H) – 20 daysKEPERRA (H) – 20 daysROCHEDALE SOUTH (H) – 20 daysSource: CoreLogiclast_img


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October 1, 2020