Whether you believe there’s an oversupply of housing in Australia or not, there’s no denying the fact that some areas are seeing a large increase in supply coming into the market.

In the unit market, Melbourne tops the chart as having the highest number of additional stock up for sale over the year to December 2014, according to the Real Estate Investar data.

During that period, a total of 141 addition stock came online resulting in an 18.9% increase. Another Melbourne suburb, Southbank, saw a total of 131 extra unit stock listed for sale over the same period.

Gold Coast’s Southport saw 93 additional units while Perth recorded 91 extra units up for sale compared to a year ago.

For houses, regional areas are recording a massive jump in new stock coming online compared to a year ago. Kalgoorlie recorded 143 additional stocks while Blackwater in Queensland racked up 137 extra houses up for sale.

 

 

   Unit stock Unit stock Added    Price change
State Suburb Dec '14 Dec '13 stock % change  12 months
VIC Melbourne 884 743 141 18.90% 0%
VIC Southbank 397 266 131 49.20% 5%
QLD Southport 366 273 93 34% 6%
VIC South Yarra 276 188 88 46% -6%
WA Perth 187 96 91 94.80% -8%
WA East Perth 145 72 73 101.40% -5%
             
             
    House stock House stock Added   Price change
State Suburb Dec '14 Dec '13 stock % change  12 months
WA Kalgoorlie 313 170 143 84.10% -11%
NSW Dubbo 264 189 75 39.70% 10%
WA Balga 249 132 117 88.60% 10%
QLD Blackwater 215 78 137 175.60% -13%
QLD Atherton 164 37 127 343.20% 6%
QLD Ripley 131 9 122 1355.50% na
Source: realestateinvestar.com.au