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: $1,203,000
- Lowest Price: $216,000
- Average Sale Price: $517,744 (- 4.32%)
- 2,433 properties currently for sale
- 46 sales properties had price reductions
- 95 properties went under offer
- 98 properties SOLD!
- 190 properties have come onto the market
- 38 properties up for auction this coming weekend
RENTALS
- Highest Rental: $1,100 per week
- Lowest Rental: $160 per week
- Average Rental Price: $416 (- 0.24%)
- 2,788 properties currently for rent
- 247 rental properties had price reductions
- 289 properties RENTED!
- 354 properties have come onto the market