7 of Adelaide’s ‘toughest’ suburbs to buy in
New research has revealed the most tightly held Adelaide suburbs over the last three months.
SuburbTrends has released research on some of the most tightly-held suburbs in the South Australian capital, highlighting just how low stock on market is across the city.
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It paints a grim picture for hopeful buyers who are trying to make an entrance in these suburbs, and points to the popularity of each suburb that has been named within the report.
To conduct the research, SuburbTrends took note of all homes that have been placed on the market over the past three months in suburbs which have more than 1,500 dwellings that are occupied. These listings are then averaged out across the total number of occupied homes.
So, which Adelaide suburbs are suffering the most from the lack of listings?
- Ferryden Park, 5010
Total average listings: 5
Occupied dwellings: 1,634
Average stock on market: 0.28 per cent
- Greenwith, 5125
Total average listings: 13
Occupied dwellings: 3,678
Average stock on market: 0.34 per cent
- Flagstaff Hill, 5159
Total average listings: 13
Occupied dwellings: 3,617
Average stock on market: 0.36 per cent
- Pooraka, 5095
Total average listings: 12
Occupied dwellings: 2,867
Average stock on market: 0.41 per cent
- Woodcroft, 5162
Total average listings: 19
Occupied dwellings: 4,276
Average stock on market: 0.44 per cent
- Christie Downs, 5164
Total average listings: 10
Occupied dwellings: 2,130
Average stock on market: 0.45 per cent
- South Plympton, 5038
Total average listings: 9
Occupied dwellings: 1,963
Average stock on market: 0.45 per cent