Thornbury takes top spot in Victoria for fastest time to sell a townhouse: Investar

Thornbury takes top spot in Victoria for fastest time to sell a townhouse: Investar
Thornbury takes top spot in Victoria for fastest time to sell a townhouse: Investar

Thornbury is ranked the Victoria location with the fastest selling townhouses, according to Investar’s latest market report.

The property investment firm states that an average townhouse at Thornbury is on the market for 33 days before being sold.

This is followed by Brighton East at 48 days.

Suburb Postcode Dwelling type Bedrooms Days on market
Thornbury 3071 Townhouse 3 33
Brighton 3187 Townhouse 3 48

This list was produced using live on the market sales listing data.

It is also calculated at both a dwelling type and bedroom number level. It is designed to identify the fastest moving suburbs based on the average days a listing spends on the market at a suburb and property type level.

Low average days on market indicates that the market is turning over stock quickly which may indicate that demand is stronger than supply.

Townhouses sold at Thornbury at the median price of $762,000 include a three bedroom townhouse at 1/18A Strettle Street (above) that was sold for $771,000.

Tags: 
Townhouse Market Investar

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