Percentage of stock on the market - by suburb?

Discussion in 'Property Market Economics' started by roots73, 12th Jun, 2018.

Join Australia's most dynamic and respected property investment community
  1. roots73

    roots73 Well-Known Member

    Joined:
    26th Sep, 2015
    Posts:
    52
    Location:
    Sydney
    Apologies if there's already a thread about this topic (search didn't show anything);
    I asked RPData for this but they asserted they only have the number of properties on the market but not the percentage...any idea where one could find the % of stock on the market by suburb?
     
  2. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,101
    Location:
    Sydney or NSW or Australia
    Average is about 2% of all properties - this is skewed by unit developments and small land releases which may all settle in one month.
     
  3. roots73

    roots73 Well-Known Member

    Joined:
    26th Sep, 2015
    Posts:
    52
    Location:
    Sydney
    Thanks @Scott No Mates, so there isn't anywhere we can view the % by suburb?

    On Corelogic's newsletter they include that figure (you can choose 'your suburb') but RPData's customer support told me they don't provide percentages ;(

    The attached stock on market % seems very high... not sure what's going on there... (suburb is Kippa-Ring QLD)
     

    Attached Files:

  4. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,101
    Location:
    Sydney or NSW or Australia
    What's the breakup?

    You need to do your own research - the only consistent data is from the ABS & council reports on these numbers for the LGA. Then add the number of DAs.