Buyers of outback houses are unlikely to find them cheap at a discount, and many will struggle to get a deal on their new home.
Read moreWhat to expect when buying outback home Read moreA house sale has become a popular option for many buyers in Australia’s outback, and the Australian Bureau of Statistics (ABS) has revealed how many house sales have taken place each month in the past year.
The ABS says a total of 9,931 people were listed for a house sale in Australia in the year to September.
The number is up by more than 5,000 from the year before, when it was 8,927.
House sales in Queensland have been increasing in recent years, and are on track to reach a record 9,400 in the first half of this financial year.ABC house agent Steve Pemberton says the outback is a real buyer’s market and it is a great opportunity to get the sale price for a home.
“I think it’s going to be a very good market for those looking to buy out of the back, because it is very different to what it is in the north,” he said.
“So it is going to have a higher demand and a higher interest rate.”
Pemberton said some buyers are desperate to sell their outback property.
“They want to be able to do it on their terms and that is something that the outbacks have to do, because they don’t have the same quality of land as other places, so they have to have the extra resources to do that,” he says.
Mr Pemberon says the best way to find a good deal is to visit the auction house.
“You can always get a bit more information, but it’s definitely a great place to get some advice from other people,” he explains.
“The auction houses are a great source of information because they have the auctions, the house tours, and that kind of thing.”
If you can’t find a house that you like and you have an offer and want to do the auction, that is the place to go.