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Beyond the expected

ACT & Queanbeyan Weekly Property Market Wrap

By Allhomes - 1 August 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: $1,000,000
  • Lowest Price: $120,000
  • Average Sale Price: $522,522 (- 11.34%)
  • 2,424 properties currently for sale
  • 59 sales properties had price reductions
  • 89 properties went under offer
  • 93 properties SOLD!
  • 154 properties have come onto the market
  • 21 properties up for auction this coming weekend

RENTALS

  • Highest Rental: $1,150 per week
  • Lowest Rental: $180 per week
  • Average Rental Price: $423 (0%)
  • 2,805 properties currently for rent
  • 255 rental properties had price reductions
  • 309 properties RENTED!
  • 406 properties have come onto the market

What’s Your opinion?


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