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Beyond the expected

ACT & Queanbeyan Weekly Property Market Wrap

By Allhomes 11 August 2014

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: $1,170,000
  • Lowest Price: $159,500
  • Average Sale Price: $541,142 (+ 3.56%)
  • 2,424 properties currently for sale
  • 58 sales properties had price reductions
  • 97 properties went under offer
  • 73 properties SOLD!
  • 181 properties have come onto the market
  • 24 properties up for auction this coming weekend

RENTALS

  • Highest Rental: $1,050 per week
  • Lowest Rental: $175 per week
  • Average Rental Price: $417 (- 1.42%)
  • 2,752 properties currently for rent
  • 244 rental properties had price reductions
  • 318 properties RENTED!
  • 379 properties have come onto the market

What’s Your opinion?


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