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Brisbanes fastest selling suburbs: buyers snapping up value for money homes

Nine Mortgage broker Oak Laurel Carseldine, 0430 129 662 News Forget prestige homes and classic Queenslanders – the properties in highest demand are affordable homes with potential. Domain Group data on the fastest selling suburbs show the top nine have an average days on market of less than a month. The fastest selling suburb is Lutwyche, with just an average 20 days on market, followed by Chermside, Rocklea and Ferny Hills with an average 27 days from listing to sale. Property in Lutwyche spends an average of 20 days on the market. This home at 19 Windsor Avenue is already under offer. Nudgee and Banyo trade in an average of 28 and 29 days respectively, and north-western suburbs Keperra, Ferny Grove and Kelvin Grove also made the top 10. David Holmes, of Metro Auctions, said infrastructure is the key to properties in these suburbs trading quickly. “There’s a lot of infrastructure around Lutwyche and leading into it,” he said, pointing to the nearby Royal Brisbane and Women’s Hospital as well. This home at 144 Tufnell Road, Banyo, is for sale for $539,000 and is currently under offer. Banyo homes spend an average of 29 days on the market.

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