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