Ashmore* recorded a median house price of $586,500 and $334,000 for units in Q4 2018. This represented an annual (Q4 2017-Q4 2018) price softening of -5.4% for houses and -3.5% for units. Compared to the Ashmore* 2nd half 2018 Research Factsheet, which reported an annual (Q2 2017 – Q2 2018) price change of 1.5% (house) and 2.8% (units), properties in Ashmore* has become more affordable. Now is an ideal time for first home buyers to tap into the market and take advantage of a softening market.
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