The need for real estate agents in Hawthorne could be even greater than ever, as the latest figures show residential listings have declined across Brisbane.
SQM Research released data from November, which pointed to a fall in listings across the majority of capitals, with the only exceptions being Perth and Darwin.
These locations are exposed to the resources boom, which many analysts now believe is coming to an end, no doubt leading to large numbers of people vacating the area.
The figures show 27,938 properties were listed for sale in Brisbane last month, marking a decline of 1.5 per cent compared to October levels. On a yearly basis, listings have fallen 2.4 per cent.
As a result, finding that ideal property in Hawthorne may take a little longer than usual – unless, of course, you have the expertise of an agent on your side.
"Overall the east coast market remains strong. We do not believe that the market is slowing down at this stage," noted SQM Research managing director Louis Christopher.
On a national basis, the number of unsold properties registered at 363,853 in November, marking no change from the previous month. The yearly decrease stood at 1.4 per cent.