NSW's slowest property market - Glen Innes houses take 791 days to sell: Investar

NSW's slowest property market - Glen Innes houses take 791 days to sell: Investar
NSW's slowest property market - Glen Innes houses take 791 days to sell: Investar

Glen Innes is the location in NSW where it takes the longest time to sell a house, according to Investar’s latest report.

The property investment firm calculates that houses in Glen Innes typically take 791 days to sell.

This was followed by Quirindi with 651 and Narrandera with 614.

Suburb

Postcode

Bedrooms

Days on market

Current median price

Glen Innes

2370

4

791

$395,000

Quirindi

2343

4

651

$310,000

Narrandera

2700

4

614

$290,000

Tumbarumba

2653

3

592

$235,000

Moree

2400

4

547

$381,500

Palm Beach

2108

4

530

$2,660,000

Gloucester

2422

4

527

$415,000

Deniliquin

2710

2

525

$150,000

Kyogle

2474

3

525

$305,000

Parkes

2870

2

524

$190,000

A four bedroom house at 11 Cramsie Crescent, Glen Innes (above) was sold on May this year for $399,000.

It spent 255 days on the market after being listed since September 2016.

Another four bedroom house at 242 Ferguson Street, Glen Innes (below) was sold in February this year for $255,000.

It had been listed since 2010, mostly with a $285,000 asking price. It last sold at $135,000 in 2003.

NSW's slowest property market - Glen Innes houses take 791 days to sell: Investar

Another four bedroom house at 101 Wentworth Street, Glen Innes (below) has been listed since November 2015 for $399,950.

Built in 1890 the property was sold in 2010 for $265,000.

NSW's slowest property market - Glen Innes houses take 791 days to sell: Investar

Another four bedroom house at 100 West Avenue, Glen Innes (below) has been listed for $395,000 since May 2007 when it came with a $440,000 asking price.

NSW's slowest property market - Glen Innes houses take 791 days to sell: Investar

Tags: 
Investar Glen Innes

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