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