Property Investment Blog

Tuesday, 13 August 2024

Vendor Discount Rates have been released for July 2024

PropertyDirector has released vendor discount rates across all Australian suburbs for July 2024.


As part of this, we have auto-generated the Top 50 Australian suburbs where properties have been selling at premium prices.


The Top 50 suburbs have been dominated by NSW, with a number of suburbs in VIC, SA and WA also being featured.

Properties in these suburbs sold above their originally listed sale prices.


Here are some of the suburbs that made the list.


Turramurra, NSW 2074 (ranked #1) - properties sold at 48.67% above list price.

Buddina, QLD 4575 (ranked #3) - properties sold at 45% above list price.

Langford, WA 6174 (ranked #5) - properties sold at 38.89% above list price.

Elizabeth Vale, SA 5112 (ranked #6) - properties sold at 37.08% above list price.

Surry Hills, NSW 2010 (ranked #7) - properties sold at 35.89% above list price.

Belfield, NSW 2191 (ranked #12) - properties sold at 32.86% above list price.

Denistone, NSW 2114 (ranked #14) - properties sold at 31.67% above list price.

Clarinda, VIC 3169 (ranked #16) - properties sold at 30.68% above list price

Frewville, SA 5063 (ranked #18) - properties sold at 30.33% above list price.

Guildford, NSW 2161 (ranked #23) - properties sold at 28.67% above list price.


Keep an eye on vendor discount rates on a regular basis to efficiently time when to buy and sell in individual suburbs.


To get access to vendor discount rates and vendor discount ranking for every suburb in Australia, subscribe to PropertyDirector's Professional plan - Register | PropertyDirector.