Eagle Vale and St Peter's among NSW's fastest selling suburbs
Some of the fastest selling houses in NSW can be found in suburbs such as Eagle Vale and St Peter's, with an average of 33 to 35 days spent on the market, according to RP Data.
Properties located in Revesby Heights, Heathcote, Bronte and Crows Nest are also quick to sell, with time on the market ranging between 37 to 62 days.
The states slowest selling houses can be found in Crescent Head, with an average of 222 days on the market and Greenwell Point with an average of 221 days on the market.
Denhams Beach, Berridale, Condobolin and Tuggerawong are also amongst the slowest selling suburbs.
A three-bedroom 1920s home at 19 Florence Street in St Peter's sold prior to auction for $870,000 in June, after a mere 21 days on the market.
Situated on 190 square metres and including two bathrooms, the property last sold in October 2009 for $575,000, reflecting an annual price appreciation of 9.04%.
The property was listing through Oliver Miles of Ray White Gladesville.
A three-bedroom home at 48 Edith Street was snapped up for $992,000, after being on the market for 23 days.
The property is situated on 299 square metres and includes two bathroom.
It last sold in November 2002 for $490,000, reflecting an annual price appreciation of 6.82%.
The property was listed through Joseph Tropiano and Adam Touma of Belle Property.
The median house price in St Peters is $694,000, according to RP Data.
Henry Nooyen of LJ Hooker St Andrew's says St Peters and Eagle Vale are among the fastest selling suburbs due to the affordability of properties.
"We have a lot of people who come from the Liverpool area, where the properties are around 20% more expensive.
"Eagle Vale is a cheaper suburb and mostly consists of three-bedroom, one-bathroom homes," says Nooyen.
Nooyen says these suburbs attract investors as they rent our quickly.
The median rental yield for a house in Eagle Vale is 6.1% and 4.4% in St Peter's.
Some of NSW fastest selling houses
St Peters – 35.9 days
Bronte – 62.1 days
Crows Nest – 50.2 days
Revesby Heights – 37.4 days
Eagle Vale – 33.9 days
Heathcote – 42.6 days
Some of NSW slowest selling houses
Berridale –217 days
Greenwell Point – 221.4 days
Denhams Beach – 187.9 days
Condobolin - 188.7 days
Tuggerawong - 150.8 days
Crescent Head – 222.8 days
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