As the spring selling season ramps up, demand combined with low stock levels means some suburbs are seeing properties sell in a matter of days. 

Townsville is currently Australia’s fastest-moving market. Units in Douglas are selling within seven days on average, while houses in Condon change hands in just nine days. REA Group economist Angus Moore says a surge of interstate investors has fuelled the market, with southern buyers drawn to affordability and higher rental yields compared with capital cities.

The trend isn’t limited to Queensland. In Sydney, the fastest sales are occurring in more affordable pockets on the city fringe, particularly Penrith and Macarthur, where houses in Jamisontown and Werrington County are selling within 12 days. 

In Melbourne, Carrum Downs is leading the charge with properties selling in 11 days on average, while in Western Australia, Pinjarra houses and Bassendean units are selling at the same pace.

Across the other capitals, results vary. In South Australia, houses in Goolwa South typically sell within 22 days, while in Tasmania, Summer Hill homes take 17 days to move. In the Northern Territory, Gunn has the lowest days on market at 44 days.

The data underscores how affordability, lifestyle, and investor interest are driving rapid turnover in select suburbs nationwide.