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Dec. 9, 2020, 4:45 a.m.
Liverpool Property Market Update 2nd Half of 2020
In Q3 2020, Liverpool recorded a median house price of $740,000, and a median unit price of $487,000. This represents annual (Q3 2019 – Q3 2020) median price softening of -1.3% for houses and growth of 0.4% for units. Between Q3 2019 – Q3 2020 total sales slowed, down by -0.6% for houses (to 491 sales) and by -23.4% for units (to 160 sales), potentially due to low stock on the market. Despite a minor slowing in the house market, Liverpool has remained resilient in the face of COVID-19, making now a good time to continue to transact in the market.
Dec. 8, 2020, 6:27 a.m.
Newcastle Property Market Update 2nd Half of 2020
In Q3 2020, Newcastle recorded a median house price of $815,000, and a median unit price of $610,000. This represents annual (Q3 2019 – Q3 2020) median price growth of 10.9% for houses and of 23.2% for units. Between Q3 2019 – Q3 2020 total sales increased, by 5.6% for houses to 150 sales and by 46.8% for units to 138 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 Newcastle, thus creating an ideal market for real estate transactions.
Dec. 8, 2020, 6:21 a.m.
Kingsgrove Property Update 2nd Half of 2020
In Q3 2020, Kingsgrove recorded a median house price of $1,150,000, and a median unit price of $609,500. This represents annual (Q3 2019 – Q3 2020) median price growth of 0.4% for houses and a minor price softening of -1.7% for units. Between Q3 2019 – Q3 2020 sales slowed, by -8.3% for houses (to 122 sales) and by -6.7% for units (to 70 sales). Median prices have shown relative stability despite COVID-19 conditions, and a slowdown in market activity. This creates a good opportunity to transact property in Kingsgrove.
Dec. 8, 2020, 6:20 a.m.
Kingsgrove Property Market Update 2nd Half of 2020
In Q3 2020, Kingsgrove recorded a median house price of $1,150,000, and a median unit price of $609,500. This represents annual (Q3 2019 – Q3 2020) median price growth of 0.4% for houses and a minor price softening of -1.7% for units. Between Q3 2019 – Q3 2020 sales slowed, by -8.3% for houses (to 122 sales) and by -6.7% for units (to 70 sales). Median prices have shown relative stability despite COVID-19 conditions, and a slowdown in market activity. This creates a good opportunity to transact property in Kingsgrove.
Dec. 8, 2020, 6:06 a.m.
Laurieton Property 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, 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 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. 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.