Naremburn fastest NSW spot to sell a unit: Investar

Naremburn is the NSW location where it takes the least time to sell a unit, according to Investar’s latest market report.

The property investment firm states that an average unit at Naremburn can expect to be on the market for 39 days before being sold.

This is followed by Kirrawee at 40 days and Greenwich at 41 days.

This list was produced using live on the market sales listing data.

It is also calculated at both a dwelling type and bedroom number level. It is designed to identify the fastest moving suburbs based on the average days a listing spends on the market at a suburb and property type level.

Low average days on market indicates that the market is turning over stock quickly which may indicate that demand is stronger than supply.

Units sold at Naremburn at the median price of $860,000 include a 2 bedroom unit at 23/25a Marks Street (above) that was sold for $860,000.

Similarly a two bedroom unit at 25/19 Glenmore Street (below) was also sold for $875,000.