Woonona takes NSW top spot for fastest time to sell a townhouse: Investar

Woonona takes NSW top spot for fastest time to sell a townhouse: Investar
Woonona takes NSW top spot for fastest time to sell a townhouse: Investar

Woonona is ranked the NSW location with the fastest selling townhouses, according to Investar’s latest market report.

The property investment firm states that an average townhouse at Woonona can expect to be on the market for 37 days before being sold.

This is followed by Menai and Balgownie both at 46 days.

Suburb Postcode Dwelling type Bedrooms Days on market
Woonona 2517 Townhouse 2 37
Menai 2234 Townhouse 3 46
Balgownie 2519 Townhouse 3 46
Warriewood 2102 Townhouse 3 52
Cherrybrook 2126 Townhouse 3 52

 

 

 

 

 

This list was produced using live on the market sales listing data.

It is also calculated at both a dwelling type and bedroom number level. It is designed to identify the fastest moving suburbs based on the average days a listing spends on the market at a suburb and property type level.

Low average days on market indicates that the market is turning over stock quickly which may indicate that demand is stronger than supply.

Townhouses for sale at Woonona at the median price of $490,000 include a two bedroom townhouse at 5/19 Nicholson Road (above) that is for sale for between $495,000 to $545,000.

Tags: 
Townhouse Market Investar

Community Discussion

Be the first one to comment on this article
What would you like to say about this project?