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: $1,975,000
- Lowest Price: $179,000
- Average Sale Price: $539,397 (- 5.92%)
- 2,487 properties currently for sale
- 53 sales properties had price reductions
- 83 properties went under offer
- 94 properties SOLD!
- 153 properties have come onto the market
- 30 properties up for auction this coming weekend
RENTALS
- Highest Rental: 950 per week
- Lowest Rental: $165 per week
- Average Rental Price: $413 (- 1.90%)
- 2,854 properties currently for rent
- 266 rental properties had price reductions
- 308 properties RENTED!
- 365 properties have come onto the market