Home Mortgage News These are the suburbs where homebuyers can catch good bargains

These are the suburbs where homebuyers can catch good bargains

Published on 22 Jun, 2018

Many sellers in Queensland have been affected by the mining downturn

Some of the suburbs in Queensland reported a huge jump in the number of property listings.

There are suburbs across Australia where homebuyers are in a good position to bargain, thanks to a lot of sellers putting their properties up for grabs. Citing recent data from CoreLogic, The Courier-Mail has listed suburbs where property listings have significantly ballooned over the past year.

Across Australia, Northern Territory's Katherine saw the biggest growth in property listings at 97.8% to 182.

Meanwhile, the mining downturn has resulted in several owners in Queensland towns looking to sell their property.

Within the state, Clermont saw the highest growth in property listings, ballooning by 80.3% to 238. This is the second biggest increase in the number of property listings across Australia.

Other Queensland towns with a noticeable increase in property listings include Hughenden (76.4% to 97), Cloncurry (75.7% to 202), Home Hill (69.1% to 127), and Highfield (64.4% to 79).

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Downsizers flock to Brisbane for prime properties

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