24 postcodes first residence consumers are snapping up

First residence consumers are snapping up properties in Melbourne’s western and northern suburbs, in addition to Sydney’s north-west.

New NAB information has revealed the highest places for first residence consumers heading into 2023, primarily based on the financial institution’s information from June to November 2022.

In Victoria, round one in 10 first residence consumers purchased in areas round Hoppers Crossing in Melbourne’s west or Craigieburn within the metropolis’s north – areas which were bolstered by current highway initiatives and ongoing transport upgrades.

In New South Wales, demand for the Sydney north-west suburb of Schofields jumped 63 per cent quarter-on-quarter on the finish of final yr. This was due to the completion of latest housing developments and off-the-plan properties eligible for state authorities help.

In the meantime, Queensland first residence consumers flocked to the Toowoomba suburbs of Darling Heights and Drayton because the regional centre experiences an infrastructure increase.

NAB residence possession govt Andy Kerr mentioned first residence consumers weren’t being deterred from coming into the property market, with worth and placement their high two most necessary components.

“Regardless of the general market softening, first residence consumers are bucking the pattern with gross sales staying steady nationally and rising in a few of the hottest suburbs similar to Schofields in NSW,” Kerr mentioned.

“Outer metro development areas like Tarneit in Melbourne, Hallett Cove, proper close to Adelaide’s southern seashores and suburbs south-east of Perth have nice facilities, notably for younger households.”

First residence purchaser hotspots

Listed below are the most well-liked postcodes for first residence consumers over the previous six months:

Victoria

1. 3029 – Hoppers Crossing, Tarneit, Truganina

2. 3064 – Craigieburn, Donnybrook, Kalkallo, Mickleham, Roxburgh Park

3. 3978 – Cardinia, Clyde, Clyde North

Story continues

New South Wales

1. 2762 – Schofields

2. 2765 – Berkshire Park, Field Hill, Maraylya, Marsden Park, Nelson, Oakville, Riverstone, Winery

3. 2170 – Casula, Chipping Norton, Hammondville, Liverpool, Lurnea, Moorebank, Mount Pritchard, Prestons, Warwick Farm

Queensland

1. 4350 – Toowoomba and surrounds

2. 4207 – Beenleigh, Yarrabilba

3. 4300 – Springfield Lakes, Goodna

Western Australia

1. 6112 – Armadale, Harrisdale

2. 6061 – Balga, Nollamara

3. 6164 – Success, Cockburn Central

South Australia

1. 5162 – Morphett Vale, Woodcroft

2. 5158 – Hallett Cove, O’Halloran Hill

3. 5251 – Mount Barker

Tasmania

1. 7320 – Burnie, Acton, Camdale

2. 7011 – Berriedale, Chigwell

3. 7310 – Devonport, East Devonport

ACT

1. 2602 – Dickson, Watson

2. 2913 – Casey, Franklin

3. 2617 – Bruce, Lawson

Northern Territory

1. 0810 – Nightcliff, Casuarina

2. 0870 – Alice Springs, Gillen

3. 0832 – Rosebery, Bakewell

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