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Suburban hotspots: Where Aussies are looking to live

12 Aug 2015 - 4C Realty

Property hunters are embracing two great Australian loves when it comes to finding their next home – the beach and the bush.

 
Affordability is also a big consideration for potential buyers, with popular suburbs within commuting distance to the CBD a major drawcard.
 
NSW continues to dominate the booming property market, boasting nine out of the top ten biggest movers when it comes to supply and demand across Australian suburbs.
 
An analysis of the changing supply and demand for realestate.com.au’s Top Sellers Markets for FY15 shows the outer Sydney suburb of Currans Hill recording the biggest jump in demand, surging 529 spots up the rankings.
 
Affordability: Best growth suburbs under $550,000
 
Currans Hill homeThis Currans Hill home is on the market for $690,000 plus. View listing.
 
Properties on the NSW Central Coast also continue to gain in popularity, with Tumbi Umbi and Narara improving 494 and 367 spots respectively.
 
Just one suburb outside NSW ranks among the top ten biggest movers – Eltham, on the edge of bushland in Melbourne’s north, improving 236 spots.
 
The change in Top Sellers Market rankings for FY15 shows the suburbs within the top 100 nationally that have increased the most from a supply and demand perspective.
 
Demand is represented as the number of visits to realestate.com.au/buy that included at least one property view. This is then compared to the number of available listings on the market to reach a supply-demand ratio.
 
 
Top 10 biggest movers of FY15
 
Currans Hill, NSW – up 529 spots to 54th
Tumbi Umbi, NSW – up 494 spots to 92nd
Narara, NSW – up 367 spots to 77th
Greystanes, NSW – up 310 spots to 75th
Figtree, NSW – up 299 spots to 69th
Mount Annan, NSW – up 284 spots to 46th
Pymble, NSW – up 268 spots to 88th
Eastwood, NSW – up 253 spots to 100th
Eltham, VIC – up 236 spots to 52nd
St Clair, NSW – up 213 spots to 18th
 
 
The above is an extract from: 
http://www.realestate.com.au/blog/suburban-hotspots-where-aussies-are-looking-to-live/
 
4C Realty
Caroline He