Book a call ↗Buyer Demand · Updated Sept 2026
What is Days on Market (DOM) in Australian Real Estate?
Formula / Rule: Contract / Sale Date − Initial Public Listing Date (Median Across Settled Sales)
Ripehouse Benchmark: Under 30 Days (Fast-Moving Seller’s Market). Check any market live in our Suburb R-Score tool or Street Score tool.
How to Read Days on Market (DOM) in Australian Property
| Reading / Tier | Market Interpretation | What It Means for Property Investors |
|---|---|---|
| Under 28 days | High Buyer Demand | Fast absorption of new listings; upward pressure on sale prices |
| 28 – 50 days | Balanced Absorption | Standard 4-to-6 week marketing campaign length |
| Over 55 days | Slow Absorption / Buyer Leverage | Vendors often discount asking guides to meet the market |
How to use Days on Market when negotiating
In a suburb where median Days on Market is 21 days, hesitating for two weeks means losing A-grade properties. Conversely, when a specific listing has been on the market for 75 days in a 35-day suburb, or when an entire LGA’s DOM rises above 60 days, buyers gain substantial leverage to negotiate below the price guide and attach protective contract conditions.
Top Australian Suburbs Measured this Month (Sept 2026)
| Suburb | State & Council (LGA) | R-Score | Median Price | Gross Yield | Vacancy | Drill Down |
|---|---|---|---|---|---|---|
| Docklands (3008) | VIC · Melbourne | 100/100 | $1,152,000 | 16.2% | 7.4% | Suburb · Streets → |
| Alice Springs (0870) | NT · Alice Springs | 100/100 | $355,000 | 15.4% | 2.1% | Suburb · Streets → |
| Weyba Downs (4562) | QLD · Sunshine Coast | 100/100 | $1,001,000 | 15.1% | 11.1% | Suburb · Streets → |
| Goodmans Ford (2575) | NSW · Upper Lachlan Shire | 100/100 | $380,000 | 14.9% | 25% | Suburb · Streets → |
| Bunyan (2630) | NSW · Snowy Monaro Regional | 100/100 | $380,000 | 14.6% | 0% | Suburb · Streets → |
| Knowsley (3523) | VIC · Greater Bendigo | 100/100 | $540,000 | 10.6% | 12.5% | Suburb · Streets → |
| Mia Mia (3444) | VIC · Greater Bendigo | 100/100 | $250,000 | 10.4% | 11.1% | Suburb · Streets → |
| Myalup (6220) | WA · Harvey | 100/100 | $435,000 | 10.2% | 5% | Suburb · Streets → |
Apply the Data to Your Portfolio
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Keep Exploring the Glossary
Gross Rental Yield
Rental Vacancy Rate
Ripehouse Suburb R-Score
Ripehouse Street Score
Owner-Occupier Ratio
Public Housing Concentration (SA1)
Days on Market (DOM) FAQs
Frequently Asked Questions: Days on Market (DOM)
What is Days on Market (DOM) in Australian Real Estate?
Days on Market (DOM) measures the median number of calendar days a residential property spends actively listed for sale on portals before going under contract or selling at auction. Falling Days on Market (for example, dropping from 55 days to 22 days) is one of the earliest quantitative signals that buyer demand is outstripping available listings in a suburb. Ripehouse Advisory tracks DOM levels and 12-month DOM momentum across 15,000+ suburbs in the monthly R-Score.
How is Days on Market (DOM) calculated or measured in Australia?
Days on Market (DOM) is measured using the formula: Contract / Sale Date − Initial Public Listing Date (Median Across Settled Sales). Ripehouse Advisory’s target benchmark band is: Under 30 Days (Fast-Moving Seller’s Market).
How can I check Days on Market (DOM) for any Australian suburb or street?
You can inspect live monthly R-Scores, median prices, weekly rents, gross yields, vacancy rates, and ABS SA1 Street Scores across 15,000+ suburbs and 518,400+ streets for free at ripehouseadvisory.com.au/suburbs and /streets.