Peregian Springs PRD Market Update 2nd Half of 2019

In Q3 2019, Peregian Springs recorded a median house price of $626,000 and a median unit price of $565,000. This represents annual (Q3 2018 – Q3 2019) median price softening of -3.7% for houses and a price growth of 7.6% for units. At the same time total sales slowed, down by -54.3% for houses to 16 sales and by -58.8% for units to 14 sales. Houses are now more affordable, and with less competition makes it an ideal market for first home buyers.

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