Burradoo house listings declines by 65%: Investar
Burradoo had the greatest decline in housing sale stock in New South Wales, according to a recent Investar report.
The property investment firm says that the number of houses in Burradoo for sale has declined by 65% from 67 to around 23.
This is followed by Middleton Grange and Stanhope Gardens with a 60% drop in offerings and Chipping Norton with 53%.
Suburb | Postcode | Current median price | Current sales stock | Sales stock 1 yr ago | Decline |
Burradoo | 2576 | $1,495,000 | 23 | 67 | 65% |
Middleton Grange | 2171 | $800,000 | 46 | 115 | 60% |
Stanhope Gardens | 2768 | $850,000 | 22 | 55 | 60% |
Chipping Norton | 2170 | $880,000 | 18 | 39 | 53% |
Branxton | 2335 | $453,500 | 34 | 71 | 52% |
Kellyville Ridge | 2155 | $947,500 | 25 | 52 | 51% |
Wilton | 2571 | $705,000 | 18 | 37 | 51% |
West Pennant Hills | 2125 | $1,650,000 | 32 | 65 | 50% |
Hawks Nest | 2324 | $479,000 | 28 | 56 | 50% |
Laurieton | 2443 | $442,500 | 24 | 47 | 48% |
A four bedroom house at 30 Hurlingham Avenue, Burradoo (above) has been listed with a price guide of between $1,495,000 to $1,644,000.
Similarly a four bedroom house at 64b Sunninghill Avenue, Burradoo (below) was sold earlier this year for $1.25 million.
