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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Collections: Mortgage News
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