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Kingsbury top Victoria's 10 fastest selling suburbs: RP Data
By
Nicola Trotman
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.
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 |
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