TOP 10 Rankings

Cooling Market Rankings – houses

These are out TOP 10 cooling markets for May 2022 ranks markets that are now starting to cool. Markets have been selected based having at least 100 current houses listed for sale, a reduction in median asking prices from last month (using a rolling 90 day sample), current inventory levels higher than 3 months, trending inventory levels (increasing from last month to current month) and days-on-market (increasing). The list is then sorted based on the largest change in inventory levels from last month. Some of these markets may have scored well on investor rankings previously. Sellers in these markets now need to be realistic with listing prices as the balance of power may be shifting back towards buyers. Buyers will now see extra properties listed, improved choices and easing prices.

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#1 Palmerston Suburbs in this market include Bakewell – Bellamack – Driver – Durack – Farrar – Gray – Gunn – Johnston – Marlow Lagoon – Mitchell – Moulden – Palmerston City – Pinelands – Rosebery – Woodroffe – Yarrawonga – Zuccoli.
#2 Bendigo Suburbs in this market include Ascot – Bendigo – Big Hill – California Gully – Eaglehawk – East Bendigo – Epsom – Flora Hill – Golden Gully – Golden Square – Huntly – Ironbark – Jackass Flat – Junortoun – Kangaroo Flat – Kennington – Long Gully – Maiden Gully – Myers Flat – North Bendigo – Quarry Hill – Sailors Gully – Spring Gully – Strathdale – Strathfieldsaye – West Bendigo – White Hills.
#3 Bayswater – Bassendean Ashfield – Bassendean – Bayswater – Bedford – Eden Hill – Embleton – Maylands – Morley – Noranda.
#4 Southern Highlands Alpine – Avoca – Aylmerton – Balaclava – Balmoral – Berrima – Bowral – Braemar – Bullio – Bundanoon – Burradoo – Burrawang – Canyonleigh – Colo Vale – East Kangaloon – Exeter – Fitzroy Falls – Glenquarry – High Range – Hill Top – Joadja – Kangaloon – Mandemar – Medway – Mittagong – Moss Vale – New Berrima – Paddys River – Penrose – Renwick – Robertson – Sutton Forest – Welby – Werai – Wildes Meadow – Willow Vale – Wingello – Woodlands – Yerrinbool.
#5 Perth City Daglish – East Perth – Glendalough – Highgate – Inglewood – Jolimont – Leederville – Mount Hawthorn – Mount Lawley – North Perth – Northbridge – Perth – Shenton Park – Subiaco – Wembley – West Leederville – West Perth.
#6 Noosa Hinterland Black Mountain – Boreen Point – Cooran – Cooroibah – Cooroy – Cooroy Mountain – Cootharaba – Doonan – Federal – Kin Kin – Lake Macdonald – Noosa North Shore – Pinbarren – Pomona – Ridgewood – Ringtail Creek – Tinbeerwah – Weyba Downs.
#7 Sunnybank Kuraby – Runcorn – Sunnybank – Sunnybank Hills
#8 Caloundra Aroona – Battery Hill – Bells Creek – Birtinya – Bokarina – Buddina – Caloundra – Caloundra West – Currimundi – Dicky Beach – Golden Beach – Kings Beach – Little Mountain – Meridan Plains – Minyama – Moffat Beach – Parrearra – Pelican Waters – Shelly Beach – Warana – Wurtulla.
#9 Fremantle Beaconsfield – East Fremantle – Fremantle – Hilton – North Fremantle – O’Connor – Rottnest Island – Samson – South Fremantle – White Gum Valley.
#10 Noosa Castaways Beach – Marcus Beach – Noosa Heads – Noosaville – Peregian Beach – Peregian Springs – Sunrise Beach – Sunshine Beach – Tewantin

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