by Sanjeev Sah | Sep 17, 2024 | Market Updates
The latest PropTrack report shows a big surge in new listing volumes, creating a prime opportunity for buyers.
That’s after, nationally, new listings jumped 8.4% in July from the previous month, to be up 12% compared to July 2023.
Most capital cities saw a year-on-year increase with Adelaide leading at 17.4%, followed by Canberra (16.2%) and Brisbane (16.1%).
However, Darwin and regional South Australia bucked the trend and experienced declines.
More listings on the market mean more choices, potentially easing the competition and improving your chances of finding the right investment property.