Melbourne is the only capital city with more listings than last April: CoreLogic

April 2021 sees far fewer overall listings than the same time in 2020

Melbourne is the only capital city with more listings than last April: CoreLogic
Melbourne is the only capital city with more listings than last April: CoreLogic

Listings are up 2.2 percent in Melbourne on this time last year, which is the only capital city to have more stock for sale than last April.

Darwin sees the biggest drop in overall listings, down by 35.9 percent according to CoreLogic.

Other cities aren't too far behind with Canberra, Brisbane, Adelaide and Hobart all down more than 30 percent in stock levels of private treaty listings.

Related article: Urban's top five Melbourne apartments with 5-star hotel amenities for sale in April 2021

Perth is down 22 percent.

Sydney has the lowest stock dip, at 16 percent.

The chart includes house and apartment resale listings.

Melbourne is the only capital city with more listings than last April: CoreLogic

There are currently 83,000 property listings across the nation, which is 17 percent down on the same time last year.

The level of new stock, ie fresh offerings over the past four weeks, is not a consistent between the capitals.

Related article: The top 5 two-bedroom apartments for investors in Melbourne under $800,000

Perth sees a 64 percent jump in vendors arriving in the market.

Melbourne, Darwin and Adelaide have also seen a spike in fresh listings.

Hobart has seen a contraction in vendors.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Melbourne Property Listings Australian property market

Comments

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