The top five seller’s and buyer’s markets across Australia: CBA/RP Data

The best buyer’s and seller’s markets across the country have been identified by the Commonwealth Bank/RP Data Home Buyers Index (HBI).

Property market conditions have shifted from a balanced market in December 2013 to a buyer’s market, as of March 2014.

Their report found that Queensland, Northern Territory and Tasmania are remaining the top markets for buyers, while Sydney, Melbourne and Canberra offer sellers the best opportunities.

The top five buyer’s markets

1. Wide Bay-Burnett, Qld
   
   
2. Mersey-Lyell, Tas
   
   
3. Far West, NSW
   
   
4. West Moreton, Qld
   
   
5. Central, WA

The top five seller’s markets

1. Central Highlands, Vic
   
   
2. Sydney, NSW
   
   
3. Melbourne, Vic
   
   
4. Canberra, ACT
   
   
5. Loddon, Vic