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: $3,160,000
- Lowest Price: $176,000
- Average Sale Price: $644,252 (+ 10.75%)
- 2,519 properties currently for sale
- 69 sales properties had price reductions
- 79 properties went under offer
- 97 properties SOLD!
- 168 properties have come onto the market
- 35 properties up for auction this coming weekend
RENTALS
- Highest Rental: $1,300 per week
- Lowest Rental: $165 per week
- Average Rental Price: $409 (- 0.73%)
- 3,686 properties currently for rent
- 285 rental properties had price reductions
- 314 properties RENTED!
- 432 properties have come onto the market