Regional Listings Index, October 2023

In our October 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 7%. State-level fluctuations continue to vary considerably, indicating a more complex supply dynamic.

View our October report here.

Report Highlights


New South Wales

Greater Sydney grew by 17%, compared to the month prior, whilst the rest of NSW saw a 7% increase. The largest increases were in Snowy Mountains +15%, Young – Yass +15%, Dubbo +12%, Great Lakes +12% and Albury +10%.


Regional Victoria had the largest overall listing increase, up 8%, whilst Greater Melbourne saw a 14% increase. The biggest increase in listings can be seen in Mildura+ 10, Upper Goulburn Valley +9%, Ballarat +8%, Wellington +8%, Surf Coast – Bellarine Peninsula +7% and Gippsland – South West +7%.


Month on month, regional Queensland listings held steady at 0%. Interestingly, regional Queensland boasts the largest listings of all states, and is the only state or territory with more regional listings than its capital. The notable regional listing increases were Mudgeeraba – Tallebudgera +17% and Buderim +10%.

Other states

Western Australia's saw a 4% drop in listings across regional areas and an 8% drop in listings in the capital, which continues to signal a tightening market, which could lead to upward pressure on property prices. South Australia's regional listings were stable at 1%, while Tasmania's listings saw an increase of 2% outside of Greater Hobart.

Substantial listing increases ACT of +24% could 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 October report here.