Sydney eases to 33 days on market, but Darwin and Perth take more than double the time to sell: CoreLogic

Sydney eases to 33 days on market, but Darwin and Perth take more than double the time to sell: CoreLogic
Staff reporterDecember 7, 2020

Houses in Darwin and Perth take the longest time to sell across any of the capital city private treaty market, according to CoreLogic’s latest report.

The property data firm says that it takes 84 days in Perth and 74 days in Darwin.

This is compared to Sydney and Melbourne where it takes around a month to sell.

Sydney's 33 days is higher than the 26 days being taken in 26 days.

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Sydney eases to 33 days on market, but Darwin and Perth take more than double the time to sell: CoreLogic

The unit market is a slower market in all capitals except Sydney, where there is also a 33 day time on market period.

Darwin units take 107 days on market.

A three bedroom unit at 43/9 Carey Street, Darwin (above) was sold for $375,000 after spending 100 days on the market.

It was last sold in 2005 for $399,000.

A two bedroom unit at 7/16 Somerville Gardens, Parap (below) was sold for $325,000 after spending 150 days on the market.

It was last sold in 2003 for $70,000.

Sydney eases to 33 days on market, but Darwin and Perth take more than double the time to sell: CoreLogic

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