Buyers flock to NSW suburbs

New research shows that New South Wales suburbs have attracted the most buyers over the last three months

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Data from realestate.com.au’s Top Sellers’ Markets has revealed suburbs in NSW were the top choice on homebuyers’ lists for Dec 2014 to February 2015.
 
On the list for top 10 suburbs across Australia, South Australia’s Parkside again came first.
 
NSW, SA and VIC all competed for places in the top 10 this quarter, with Unley in SA and St Clair in NSW collected second and third place respectively.  
 
Queensland suburbs didn’t make the list, with the state’s popular Holland Park dropping off with suburbs Gymea, Semaphore Park and Drummoyne making the cut.
 
With over 3,000 auctions happening around Australia this “Super Saturday”, all states are sure to be getting plenty of buyer action.
 
Inner city and beachside locations continue to be popular in South Australia since last year while Victoria sees a shift towards eastern suburbs Ringwood North, Vermont and Montrose.
 
With two South Australian suburbs in the top two spots, managing director Phil Harris from Harris Real Estate says that people from across the country are realising the value South Australian properties have to offer.
 
"There are multiple entry points in the South Australian property market. All sections of the market are looking at property here.

"$250,000 can get you a beautiful home in a fantastic inner city location while this price may not get you much value in other states," he said.
 
 "The South Australian State Government has a 30 year plan to introduce medium to high density living, creating new living opportunities for those looking to make a move to this part of Australia."
 

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