Numerous properties have been up for sale since 2015 and 2016 without changing hands, including Sydney’s oldest property listing – a Maroubra home on Wise St that’s been on the market since 2015.
And back in regional NSW, it’s been more than six years without a sale for properties in Narrabri in the state’s northwest, Ulladulla on the South Coast and Inverell in northern NSW. “Once properties stay on the market for an extended time they get stale and people start to think there must be something wrong with the house.”
The Maroubra house on Wise St has been up for sale in a campaign managed directly by the owners, who were not available for comment.