A handful of properties can't find a buyer after more than a year on the market even as real estate price records are smashed across most of Australia. From poor marketing to being an acquired taste, the REA Group has revealed nine properties that have failed to sell despite being advertised since January Homes in Australia usually sell after 30 days from the time stylised photographs are taken and listed on a sales website like realestate. The national average is 48 days when rural properties are factored in. A house at Kingaroy, north-west of Brisbane , however, has been on the market for days having been listed on New Year's Day last year - before the first case of Covid came to Australia. A house at Kingaroy, north of Brisbane, has been on the market for days having been listed on New Year's Day last year - before the first case of Covid came to Australia.
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By Danyal Hussain For Mailonline. Property values climbed by 6. It comes as a stamp duty holiday is due to end on March 31, but there have been reports that it could possibly be extended for another three months. Estate agents have seen particularly large gains in rural areas or market towns in recent months - largely driven by prospective buyers looking for gardens and green space amid the Covid pandemic.
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