SQM Research figures released Tuesday revealed national residential property listings fell in December 2021 by 6.5% to 218,415 from the 233,716 recorded in November.

Three key property performers through the year in Sydney, Melbourne and Canberra all recorded the greatest falls in listings of 15.8%, 12.9% and 15.9% respectively across the month of December.

Nationally, new listings of fewer than 30 days fell 29.5% over December 2021 to 67,972 properties on the market as the silly season appeared to take priority. 

Of this fall, capitals that saw the greatest decline were Sydney with a 47.4% reduction, followed by Melbourne at 40.9% and Adelaide at 37.4%.


Source: SQM Research

Managing Director of SQM Research Louis Christopher said while there was a significant surge in auction activity over December, total listings were down on a month by month and a year-by-year comparison.

"Sydney did record a surge in new listings when we take out the seasonality and compare against December 2020," Mr Christopher said. 

"Overall, there remains a shortage of listings at the national level and as a result, vendors are in no panic - indeed, they lifted their asking prices for the month.

"Unless we have a surge in listings for the start of the property season in February it is looking like a very soft landing for the housing market in 2022.”

Over the past 30 days to January 4, SQM Research detailed:

  • Sydney asking prices rose by 1.1% for houses and 0.4% for units.
  • Melbourne asking prices rose 3% for houses and fell 1% for units.
  • Brisbane and Perth asking prices rose 4.2% and 0.1% for houses and 2.6% and 1.2% for units.
  • Adelaide asking prices for houses rose 4.3% fell 0.5% for units.
  • Canberra asking prices for houses rose 8.4% and 5% for units.
  • Darwin asking prices for houses rose 1.7% and units fell 1.1%.
  • Hobart asking prices for units fell by 0.4%.

Seeking a change in scenery for 2022? Check out some suburbs tipped to grow across Brisbane, Melbourne, Sydney, Adelaide, Gold Coast, Sunshine Coast and Central Coast.

Buying a home or looking to refinance? The table below features home loans with some of the lowest interest rates on the market for owner occupiers.

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Base criteria of: a $400,000 loan amount, variable, fixed, principal and interest (P&I) home loans with an LVR (loan-to-value) ratio of at least 80%. However, the ‘Compare Home Loans’ table allows for calculations to be made on variables as selected and input by the user. Some products will be marked as promoted, featured or sponsored and may appear prominently in the tables regardless of their attributes. All products will list the LVR with the product and rate which are clearly published on the product provider’s website. Monthly repayments, once the base criteria are altered by the user, will be based on the selected products’ advertised rates and determined by the loan amount, repayment type, loan term and LVR as input by the user/you. *The Comparison rate is based on a $150,000 loan over 25 years. Warning: this comparison rate is true only for this example and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. Rates correct as of . View disclaimer.

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