Listing numbers in regional Australia continue to decline across all markets this month . However , regional Tasmania ’ s monthly decline of 1.4 per cent still translates to a one per cent improvement over the year , with 501 listings . Regional Western Australia has experienced the most significant drop over the year , as property owners hold their assets during a period of value growth , falling another 6.9 per cent this month to 756 , or an annual decline of 26.7 per cent .
Regional Northern Territory , due to its small size , continues to see monthly fluctuations but is down 12.7 per cent annually , a similar yearly rate to New South Wales , which has seen listings fall by 13.5 per cent to 4,074 . Queensland experienced an annual fall of 12.6 per cent to 3,479 , reflecting some changing market sentiments in coastal areas .
Victoria continues to be one of the least affected markets in terms of reduced listings , down just eight per cent over the last year as investors continue to look to exit the market .