Little Housing Stock Sells in a Given Year

Over the 12 months to May 2017, only 4.8% of all houses nationally actually sold highlighting just how little stock sells in a given 12 month period.

Across house sales over the past 12 months, Tasmania saw the highest proportion of stock turning over with 5.6% of all houses in the state selling.  Conversely, Western Australia saw the lowest proportion of turnover with just 4.0% of all houses selling over the past year.  

% of total houses sold by state,
12 months to May 2017