Real Estate

australiaaes 10 most searched suburbs for property 2

Written by The ReReport

A PROPERTY outlook report has revealed the most in demand suburbs around the country, with some surprise inclusions making the list.
The report, released by earlier this week, shows suburbs across four states featuring among the top searched for on the website.
The suburbs were ranked by number of views per property listed for sale.

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Tasmania and Victoria led the way with three suburbs on the list ahead of NSW and South Australia which each had two inclusions.
Here’s a look at the top 10 searched for suburbs around the country, and why everyone wants to buy a home in one of them.


South Hobart is the most in demand suburb for houses in Australia.

More house hunters search for South Hobart homes than any other suburb in Australia. chief economist Nerida Conisbee told The Mercury they see a lot of searches for South Hobart coming out of Melbourne.
With a median house price of $650k, Ms Conisbee said the proximity to the city and the lifestyle on offer drive South Hobart’s popularity.


68 Napoleon St, Battery Point is currently for sale.

Tasmania takes out the number two spot on the list as well, with Battery Point also popular with house hunters.
Across town from South Hobart, Battery Point prices are nearly double — certainly pulling in a different group of property searchers.
The median house price is about double that of South Hobart, at $1.275 million.
There were about four times as many views on Battery Point listings over the past 12 months than on the average Tasmanian listing.


Crafers West living.

Leading the South Australian charge was the Hills suburb of Crafers West.
With a median house price of $640,500, the suburb has become more popular as a result of a generational change.
LJ Hooker Stirling Principal Josh Biggs has been selling in the Adelaide Hills for 20 years and told the Adelaide Advertiser that he wasn’t surprised to hear of Crafers West’s popularity.
“It’s always been popular but in the last year or two there’s been a bit more of a move up to the Hills,”
He said increasing numbers of Baby Boomers were downsizing, meaning there had been an influx of family homes on the market.
“There’s a bit of generational change (and) definitely I think affordability is a big thing,” he said.
“For around $700,000 in a suburb like Crafers West you get really good value for money — you’ll get a two bathroom, four bedroom home on half an acre.”


427 Arthurs Seat Rd, Red HillMelbourne’s most in demand suburb is Red Hill.

The most searched for Melbourne suburb was Red Hill, where the median house price is $1.417 million.
The small ‘burb is about an hour south of Melbourne and is better known as a one of the Mornington Peninsula’s tourist hubs.
At the 2011 census, Red Hill had a population of 731, and it would seem plenty of Australians are keen to get amongst it.


It’s pretty green in the hills.

Another Adelaide Hills suburb — Aldgate — cracked the Australian top 10 most searched list, with the greenery and sense of community in the region clear drawcards.
Price is also a drawcard, with the median house price just $727,500.
The suburb is just over 20 kilometres from Adelaide, and is a winner with families looking for more space at an affordable price.


Homes like this one at 2/118B Parkes Rd in Collaroy Plateau are very popular with buyers.

It might not surprise anyone that Sydney’s northern beaches feature on this list, but that Collaroy Plateau scores the sixth billing is quite an achievement.
Simon Carroll of Cunninghams Property Balgowlah told The Daily Telegraph there was strong demand in the suburb for well-finished or renovated properties.
“Premium, completed properties are attracting those big audiences, while run-of-the-mill homes are getting similar numbers to everywhere else,” he said.
The median house price in Collaroy Plateau is $1.71 million.


48 Arundel Rd, Park OrchardsPark Orchards is Melbourne’s second most in demand suburb.

Another Victorian suburb popular with buyers was Park Orchards.
With a median price of $1.515 million, there were nearly triple the searches for listings in this suburb than on the average Victorian property.
Park Orchards is about half and hour’s drive north east of Melbourne’s CBD.


71 Park St, Middle ParkMiddle Park is Melbourne’s third most popular suburb.

To buy into Middle Park you’ll need deep pockets, but that hasn’t stopped people hunting for a new home.
Just 10 minutes from the city, this suburb has the highest median price — at $2.74 million — of any on this list.
The suburb got its name because it is about halfway (in the middle) between Port Phillip Bay and Albert Park Lake.


West Hobart is also popular with buyers.

Value for money is a real draw factor for property hunters, with the median house price just $686,000.
Within walking distance of downtown, but with a real sense of community, West Hobart is popular with both families and younger residents.
Across greater Hobart, the property outlook report found that demand was up by 19.6 per cent, which led the nation.
Ms Conisbee said Hobart remained the strongest capital city market in Australia, continuing to see double-digit growth in demand and pricing.


Location, location, location.

Sydney’s inner west suburb of Birchgrove rounds out the top 10 most searched for suburbs in Australia.
With its own ferry wharf and a heap of great pubs, the area is popular with young families and those looking for their own private slice of paradise.
The median house price is $1.8 million.

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