Arncliffe apartment listings soar to NSW top spot: Investar
Arncliffe is the NSW location where there has been the biggest increase in unit stock compared to last year, according to Investar’s latest market report.
The property advisory firm states that Arncliffe has experienced a unit listing growth of 223 percent, up from 21 to 68 over the past 12 month period.
This is followed by Campbelltown, up from 30 to 80 and Epping, up from 32 to 78 units on sale.
This list was produced using historical listing data at a suburb level for units.
It is designed to identify the suburbs with the biggest increase in stock on market for the current month when compared to the stock on market for the same period 12 months ago.
A large increase in stock on market could indicate weakening demand conditions or an increase in supply from growing activity in the market.
Units for sale at around the $680,000 median in Arncliffe includes a two bedroom unit at H204/9-11 Wollongong Rd (above) that is for sale for $685,000.
Similarly, a two bedroom unit at 107/9-11 Wollongong Rd (below) was recently sold for $695,000.
