Elliot Heads house listings soar to Queensland top spot: Investar

Elliot Heads house listings soar to Queensland top spot: Investar
Staff reporterDecember 7, 2020

Elliot Heads is the Queensland location where there has been the biggest increase in house stock compared to last year, according to Investar’s latest market report.

The property advisory firm states that Elliot Heads has experienced a house listing growth of 204%, up from 21 to 64 over the past 12 month period.

This is followed by Mango Hill, up from 79 to 239 and Nudgee, up from 27 to 74 houses on sale.

SuburbPostcodeCurrent sales stockSales stock 1 yr agoGrowth
Elliot Heads46706421204%
Mango Hill450923979202%
Nudgee40147427174%
Park Ridge412512546171%
Upper Kedron40554924104%

 

 

 

 

 

This list was produced using historical listing data at a suburb level for houses.

It is designed to identify the suburbs with the biggest increase in stock on market for the current month when compared to the stock on market for the same period 12 months ago.

A large increase in stock on market could indicate weakening demand conditions or an increase in supply from growing activity in the market.

Houses for sale at around the $373,500 median in Elliot Heads includes a three bedroom house at 22 Mitchell Street (above) that is for sale for $369,000.

Similarly a three bedroom house at 9 Brieschke Street (below) is for sale for $375,000.

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