Burradoo house listings halve: Investar
Burradoo is ranked the NSW location where there's been the biggest decrease in stock compared to last year, according to Investar’s latest market report.
The property investment firm states that Burradoo has suffered a 57 percent decrease in stock, from 126 listings last year to the current 53 offerings.
This is followed by Bradbury from 56 to 26 and Hawks Nest from 61 to 29.
This list was produced using historical on the sales listing data at a suburb level for houses.
It is designed to identify the suburbs with the biggest decrease in stock on market for the current month when compared to the stock on market for the same period 12 months ago.
A large decrease in stock on market could indicate tightening supply conditions or a general lack of activity in the market.
Houses for sale at Burradoo at the median price of $1,450,000 include a three bedroom home at 31 Osborne Rd (above) that is for sale for $1,365,000.
Similarly a four bedroom home at 3 Riversdale Avenue (below) is for sale for between $1,450,000 - $1,550,000.
