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Dec. 8, 2020, 6:06 a.m.

Laurieton Property Market Update 2nd Half of 2020

In Q3 2020, Camden Haven recorded a median house price of $590,000, and a median unit price of $427,000. This represents annual (Q3 2019 – Q3 2020) median price growth of 1.7% for houses and 17.8% for units. Between Q3 2019 – Q3 2020 total house sales increased by 13.1% to 95 sales, while units increased by 160.0% to 26 sales. Median price growth and increased sales activity suggest real capital growth in the area, in contrast to general COVID-19 predictions. This indicates high market resilience in Camden Haven, thus creating an ideal market for real estate transactions.

Dec. 8, 2020, 5:52 a.m.

Bexley North Property Market Update 2nd Half of 2020

In Q3 2020, Bexley North recorded a median house price of $1,240,000, and a median unit price of $682,000. This represents annual (Q3 2019 – Q3 2020) median price growth of 6.9% for houses and of 12.0% for units. Between Q3 2019 – Q3 3030 total house sales increased, by 45.7% to 51 sales, while units slowed by -24.4% to 31 sales. Growth in median house price and increasing sales suggest real capital growth in the area, in contrast to general COVID-19 predictions. There is potentially an undersupply of units in Bexley North. Now is a good opportunity to transact in the market.

Dec. 2, 2020, 4:29 a.m.

Affordable & Liveable Property Guide 2nd Half 2020 - Gold Coast

Median property prices in Gold Coast Metro increased by 1.5% for houses to $670,000 from 2019 to 20201 and increased by 3.4% for units to $450,000. Limited stock and high demand have been the major drivers in median price growth for houses, proving resilient throughout COVID-19. The Gold Coast Metro property market has continued to show steady price growth over the past five years, creating confidence. Resilience in median unit price growth indicates excess stock continues to be absorbed, with supply partly halted due to COVID-19.

Dec. 2, 2020, 4:11 a.m.

Affordable & Liveable Property Guide 2nd Half 2020 - Perth

Median house prices in Perth Metro remained steady from 2019 to 20201, sitting at $525,000. During the same timeframe median unit prices slightly softened, by -2.5% to $390,000. By comparison, from 2018 to 2019 median property prices in Perth Metro softened by -2.8% for houses, and by -2.4% for units. Perth Metro’s relative median price stability between 2019 to 2020* is reflective of a resilient market amidst COVID-19.

Dec. 2, 2020, 3:25 a.m.

Affordable & Liveable Property Guide 2nd Half 2020 - Canberra

Median property prices in Canberra Metro increased by 3.0% for houses to $845,000 from 2019 to 20201 and increased by 0.5% for units to $482,500. By comparison, from 2018 to 2019 the median house price in Canberra Metro increased by 2.4%, while the median unit price grew by 3.2%. Strong demand has continued to push prices upwards, resulting in the need to sacrifice affordability for liveability.

Nov. 30, 2020, 12:23 a.m.

PRD Coffs Harbour Property Market Update 2nd Half of 2020

In Q3 2020, Coffs Harbour recorded a median house price of $589,500, and a median unit price of $384,000. This represents annual (Q3 2019 – Q3 2020) median price growth of 10.2% for houses and of 9.7% for units. Between Q3 2019 – Q3 2020 total sales increased, by 10.9% for houses (to 309 sales) and by 6.8% for units (to 110 sales). Median price growth and increased sales activity suggest real capital growth in the area, in contrast to general COVID-19 predictions. This indicates high market resilience in Coffs Harbour, thus creating an ideal market for real estate transactions.

Nov. 25, 2020, 7:10 a.m.

Affordable & Liveable Property Guide 2nd Half 2020 - Hobart

Median property prices in Hobart Metro increased by 4.7% for houses to $560,000 from 2019 to 20201 and increased by 4.2% to $422,000 for units during the same period. By comparison, from 2018 to 2019 the median house price in Hobart Metro increased by 5.7%, while the median unit price grew by 4.5%. Limited stock coupled with high demand has continued to push prices upwards, resulting in the need to sacrifice affordability for liveability.

Nov. 25, 2020, 6:49 a.m.

Affordable & Liveable Property Guide 2nd Half 2020 - Brisbane

Median property prices in Brisbane Metro increased by 4.3% for houses to $678,000 from 2019 to 20201 and softened by -1.1% to $435,000 for units during the same period. Limited stock and high demand have supported median price growth for houses, showing resilience throughout COVID-19. A softer median unit price is expected, particularly due to the leftover oversupply from late 2016 to 2017.

Nov. 25, 2020, 6:19 a.m.

Affordable & Liveable Property Guide 2nd Half 2020 - Sydney

Median property prices in Sydney Metro increased by 7.2% for houses to $1,630,000 from 2019 to 20201 and increased by 3.2% to $795,000 for units during the same period. By comparison, from 2018 to 2019 the median house price in Sydney Metro softened by -4.2%, and the median unit price softened by -3.5%. Sydney Metro’s median price growth is in contrast with COVID-19 predictions, which solidifies its market strength.

Nov. 25, 2020, 5:13 a.m.

Affordable & Liveable Property Guide 2nd Half 2020 - Melbourne

Median property prices in Melbourne Metro increased by 1.5% for houses to $990,000 from 2019 to 20201 and increased by 2.2% to $610,000 for units during the same period. Although this level of growth may be deemed subdued compared with normal circumstances, it represents a resilient market throughout COVID-19 lockdowns. Furthermore, price growth may come as a surprise to many, considering the severe restrictions in Melbourne and Victoria (VIC) of late, and in contrast to general predictions.