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ACT & Queanbeyan Weekly Property Market Wrap

By Allhomes 23 May 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: $985,000
  • Lowest Price: $175,000
  • Average Sale Price: $547,257 (- 5.1%)
  • 2,615 properties currently for sale
  • 80 sales properties had price reductions
  • 86 properties went under offer
  • 81 properties SOLD!
  • 225 properties have come onto the market
  • 54 properties up for auction this coming weekend

RENTALS

  • Highest Rental: $1,550 per week
  • Lowest Rental: $175 per week
  • Average Rental Price: $415 (- 4.6%)
  • 2,924 properties currently for rent
  • 336 rental properties had price reductions
  • 267 properties RENTED!
  • 416 properties have come onto the market

What’s Your opinion?


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