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Top 20 Best Quoted Suburbs

top 20 best quoted suburbs

Top 20 Best Quoted Suburbs

There is a growing divide between properties which are quoted accurately and those which are not. Receiving an accurate estimate of the likely selling price prior to an auction is critically important for home buyers. Here are the top 20 best quoted suburbs in Melbourne and Sydney:

VIC Suburb Sold Price vs List Price
1 Chadstone 4.7%
2 Mornington 5.2%
3 Berwick 5.3%
4 Caroline Springs 6.1%
5 Ringwood 6.7%
6 Altona 6.8%
7 Beaumaris 7.1%
8 Rye 7.2%
9 Surrey Hills 7.3%
10 Rosanna 7.4%
Source: REALas.com July 2017

 

NSW Suburb Sold Price vs List Price
1 Drummoyne 3.5%
2 Hornsby 3.5%
3 Camperdown 4.3%
4 North Ryde 4.6%
5 Leichhardt 4.9%
6 Randwick 5.1%
7 Rozelle 5.4%
8 Dee Why 5.5%
9 Mosman 5.7%
10 Ballina 6.9%
Source: REALas.com July 2017

 

With respect to the survey:

  • it is for auctions in July 2017
  • from Victoria and New South Wales
  • only suburbs with 4 or more publicly available quotes and auction results were included
  • the “Sold Price vs List Price” is the average percentage difference between the sold price and the public list price

 

REALas predicts property prices

REALas predicts property prices – Australia wide including auctions and private sales.

Between April 2016 and May 2017, the median accuracy of REALas predictions was within 5% of the final sale price. REALas predicts potential final sale prices for properties currently advertised for sale.

Search REALas property price predictions.

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