Regional Listings Index, November 2023

In our November 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 rose by 3% MoM, whilst capital cities saw an overall elevation in listings of 5%. State-level fluctuations continue to vary considerably, indicating a more complex supply dynamic.

View our November report here

Report Highlights


New South Wales

Greater Sydney grew by 5, compared to the month prior, whilst the rest of NSW saw a 6% increase, down 1% compared to September. The most significant increases were in Young –Yass +20%, Orange +17%, Moree - Narrabri +17% and Griffith – Murrumbidgee (West)+15%.


Greater Melbourne stayed consistent MoM with an increase of 8%, whilst Regional Victoria saw a 6% uplift. The biggest increase in listings can be seen in Creswick– Daylesford – Ballan at +19%, Heathcote – Castlemaine – Kyneton at +16% and Surf Coast – Bellarine Peninsular at +12%.


Month on month, regional Queensland listings saw a decrease from 0% in September to -1% in October, whilst Greater Brisbane saw an increase of 1%. Of the regional areas, the largest increases were Gold Coast – Hinterland at +9% and Mudgeeraba– Tallebudgera at 8%.

Other states

Western Australia saw a 2% increase in listings across regional areas, as well as a 2% increase in the Capital. SA saw a 3% increase across both the Capital and regional areas, whilst, in TAS, Greater Hobart identified a 7% increase, and regional areas a 5% increase.

Another month of substantial listing increases in ACT of +15% could further indicate a softening of property prices. 

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 November report here