PROSPECTIVE buyers have been locked in a frantic scramble for properties in Western Sydney as a new report confirmed that most of the country’s fastest selling properties are in the region.
Statistics from RP Data revealed that five out of the country’s 10 most popular housing markets are concentrated in Western Sydney, with a further two Sydney suburbs in other city regions making the list. The only other state to register a mention was WA with Coolbellup and Lynwood making the list
1. Old Toongabbie, NSW
Average listing period: 12 days
2. Coolbellup, WA
Average listing period: 13 days
3. Lynwood, WA
Average listing period: 13 days
4. Parklea, NSW
Average listing period: 13 days
5. Quakers Hill, NSW
Average listing period: 13 days
6. West Gosford, NSW
Average listing period: 14 days
7. Willoughby, NSW
Average listing period: 14 days
8. Lalor Park, NSW
Average listing period: 14 days
9. Werrington Downs, NSW
Average listing period: 15 days
10. Lane Cove North, NSW
Average listing period: 16 days
Old Toongabbie, a suburb 6km northwest of Parramatta, topped the list with an average property listed just 12 days before being snapped up by a buyer.