18 May 2015

Canberra & Queanbeyan Weekly Property Market Wrap

| Allhomes
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The below real estate market snapshot is based on the last week’s activity throughout Canberra and Queanbeyan. Percentages represent the increase/decrease from the previous week.

SALES

  • Highest sale: $1,400,000
  • Lowest sale: $162,000
  • Average sale: $567,112 (- 7.65%)
  • 2472 properties currently for sale
  • 71 sales properties had price reductions
  • 111 properties went under offer
  • 132 properties SOLD!
  • 158 properties have come onto the market
  • 35 properties up for auction this coming weekend

RENTALS

  • Highest rental: $1400 per week
  • Lowest rental: $165 per week
  • Average rental: $404 (- 4.94%)
  • 2105 properties currently for rent
  • 138 rental properties had price reductions
  • 274 properties RENTED!
  • 374 properties have come onto the market

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