Regional Listings Index, December 2023

In the December IPN Regional Listings Index report, the Australian regional property listing landscape reveals interesting shifts in market supply. The aggregate number of listings across all regions again rose by 3% MoM, whilst capital cities saw an overall elevation in listings of 4%, down from 5% in October. State-level fluctuations continue to vary considerably, indicating a more complex supply dynamic.

View our December report here

Regional Listings Index Report Highlights


New South Wales

Greater Sydney grew by 2%, compared to the month prior, whilst the rest of NSW saw a 5% increase, down 1% compared to October. The most significant increases were in Tumut – Tumbarumba +15%, Bathurst +14%, Snowy Mountains +12%, Moree – Narrabri +12% and Wagga Wagga +12%.


Greater Melbourne listings increased by 6% while rest of Victoria was up 8% MoM. The biggest increase in listings can be seen in Colac – Corangamite +19%, Creswick – Daylesford – Ballan +14%, Murray Rivers – Swan Hill+13% and Glenelg – Southern Grampions +13%.


Month on month, regional Queensland listings deceased -1% , whilst Greater Brisbane saw an increase of 2%. Of the regional areas, the largest increases were Southport +9% and Coolangatta +9% and Robina +8%. Overall, the market in Regional Queensland remains very tight.

Other states

Western Australia saw a 1% increase in listings across regional areas, as well as a 2% increase in the Capital. SA saw a 5% increase in the Capital and a 2% increase in regional areas, whilst, in TAS, Greater Hobart identified an 8% increase and regional areas an 8% increase. 

ACT continues to see growth in listings, with an 8% increase MoM.

The upcoming months continue to be crucial for observing whether these trends in property listings continue to diverge, stabilise, or pivot in a new direction.

View our December report here