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Top 20 suburbs for buyers starting from $252,000

A composite image of a home in an Australian suburbs with a for sale sign out the front and Australian currency.
Some Aussie suburbs are being hit harder than others when it comes to buyer demand. (Source: Getty/AAP)

The Aussie property market is finally cooling but some suburbs have been hit harder than others by a lack of buyer demand.

The suburbs have all experienced an increase in the number of days on the market while the number of potential buyers has remained steady, according to research commissioned by online property sales platform Openn.

Openn managing director Peter Gibbons noted this research could help sellers better understand the current market conditions and level their expectations.

“Pricing a property is incredibly difficult when market conditions shift rapidly,” Gibbons said.

“Agents and sellers must carefully consider their pricing and sales strategy, as the longer a property is on the market, the less buyers expect to pay.”

The 20 suburbs are spread across the country, with 10 in Queensland, four in Tasmania, three in Victoria, two in New South Wales and one in South Australia. Additionally, 13 are house markets and seven are unit markets.

The top 20 suburbs where buyers rule

Here are the top 20 suburbs along with their typical asking price.

  1. Ballarat Central, VIC - $519,950

  2. Dicky Beach, QLD - $435,000

  3. Beaumaris, TAS - $770,000

  4. Barmera, SA - $330,000

  5. Sunnybank, QLD - $481,000

  6. Woorim, QLD - $500,000

  7. Liberty Grove, NSW - $868,000

  8. Eagle Point, VIC - $619,000

  9. Little Mountain, QLD - $480,000

  10. Beaconsfield, TAS - $416,100

  11. New Beith, QLD - $975,000

  12. Currumbin, QLD - $1,745,000

  13. Bicheno, TAS - $780,000

  14. Belgian Gardens, QLD - $590,000

  15. Beechmont, QLD - $800,000

  16. Gulmarrad, NSW - $950,000

  17. Cooroibah, QLD - $1,450,000

  18. Invermay Park, VIC - $695,000

  19. Barney Point, QLD - $252,000

  20. Bridport, TAS - $700,000

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