Kingsbury top Victoria's 10 fastest selling suburbs: RP Data
Kingsbury, a suburb 12-kilometres north east of the CBD – and with a median house price of $435,000 – is Victoria’s fastest selling suburb with an average of 30 days on the market.
Then the home to the world famous Melbourne Cup, Flemington comes in a close second with an average of 31 days on the market and a median house price of $640,000.
Third place is a draw between Croydon South and TULLAMARINE with an average of 33 days on the market.
Croydon South - 30 kilometres east of the CBD - has a median house price of $435,500
With hundreds of planes coming and going everyday at Victoria's main airport, TULLAMARINE has a median house price of $387,500, in fourth fatest selling location.
Suburb | Postcode | Media Price | Time on Market (days) |
3083 | $435,000 | 30 | |
3031 | $640,000 | 31 | |
3136 | $435,500 | 33 | |
3043 | $387,500 | 33 | |
3161 | $1,264,000 | 35 | |
3136 | $530,000 | 36 | |
3333 | $230,000 | 39 | |
3152 | $530,000 | 41 | |
3153 | $419,975 | 44 | |
3145 | $994,000 | 45 |
A three-bedroom house at 50 Flag Street Kingsbury was first listed for sale on June 19 2012.
It snappily sold 16 days later for $411,000 on July 4.
A property located at 10 Club Avenue Kingsbury was first listed for sale on September 10 2012.
The listing ended on October 31 – a total of 52 days on the market - after securing a $400,000 sale.
And a property at 105 Fairway Kingsbury sold after 35 days on the market.
It was first listed on June 10 2012 and secured a $402,000 sale on July 14.
However, located in Victoria's high country, Mount Beauty – with a median house price of $155,000 – is Victoria’s slowest selling suburb with a whopping average of 232 days on the market
Source: RPData
