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ACT & Queanbeyan Weekly Property Market Wrap

By Allhomes - 23 May 2014 0

allhomes

The below real estate market snapshot has been compiled based on the last week’s activity throughout Canberra and Queanbeyan. Percentages represent the increase/decrease from the previous week.

SALES

  • Highest Sale: $985,000
  • Lowest Price: $175,000
  • Average Sale Price: $547,257 (- 5.1%)
  • 2,615 properties currently for sale
  • 80 sales properties had price reductions
  • 86 properties went under offer
  • 81 properties SOLD!
  • 225 properties have come onto the market
  • 54 properties up for auction this coming weekend

RENTALS

  • Highest Rental: $1,550 per week
  • Lowest Rental: $175 per week
  • Average Rental Price: $415 (- 4.6%)
  • 2,924 properties currently for rent
  • 336 rental properties had price reductions
  • 267 properties RENTED!
  • 416 properties have come onto the market

What’s Your opinion?


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