Ashmore Property Market Update 1st Half of 2024
Jan 25, 2024, 2:00 p.m.
In Q4 2023, Ashmore a median house price of $1,001,500, and a median unit price of $627,500. This represents annual (Q4 2022 – Q4 2023) growth of 13.2% for houses and 19.9% for units. On a quarterly basis (Q3 2023 – Q4 2023), median price grew by 8.0% (houses) and 8.9% (units). Total sales decreased by -8.6% for houses and by -33.3% for units in t…
Continue reading >
Ashmore Property Market Update 2nd Half of 2023
Aug 7, 2023, 12:41 p.m.
In Q2 2023, Ashmore recorded a median house price of $900,000. This is an annual (Q2 2022 – Q2 2023) -10.9% softening, after a $1,010,500 peak at in Q2 2022. That said, on a quarterly basis (Q1 2023 – Q2 2023), median house price softened by a lower rate, -4.7%. Cash rate hikes did impact the market; however, confidence has returned, and some reco…
Continue reading >
Ashmore Property Market Update 1st Half of 2023
Feb 6, 2023, 1:24 p.m.
In Q4 2022, Ashmore recorded a median house price of $895,000, and a median unit price of $455,000. This represents annual (Q4 2021 – Q4 2022) median price softening of -9.1% (houses) and -5.2% (units). On a six months basis (Q2 2022 – Q4 2022) median price softened by -11.4% for houses and by -13.5% (units). This can be attributed to cash rate hi…
Continue reading >
Ashmore Property Market Update 2nd Half of 2022
Aug 17, 2022, 11:19 a.m.
In Q2 2022, Ashmore recorded a median house price of $1,005,000, and a median unit price of $541,790. This represents annual (Q2 2021 – Q2 2022) median price growth of 40.0% for houses and 23.1% for units. Total sales decreased between Q2 2021 – Q2 2022, by -28.4% (to 58 sales) for houses and by -42.9% (to 36 sales) for units. An undersupply is ev…
Continue reading >