21 February 2015

Canberra & Queanbeyan Weekly Property Market Wrap

| Allhomes
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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: $1,900,000
  • Lowest Price: $197,500
  • Average Sale Price: $590,486 (+ 4.45%)
  • 2,935 properties currently for sale
  • 66 sales properties had price reductions
  • 101 properties went under offer
  • 139 properties SOLD!
  • 226 properties have come onto the market
  • 84 properties up for auction this coming weekend

RENTALS

  • Highest Rental: $900 per week
  • Lowest Rental: $180 per week
  • Average Rental Price: $429 (+ 3.13%)
  • 2,596 properties currently for rent
  • 156 rental properties had price reductions
  • 430 properties have come onto the market

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