In Q3 2019, Port Stephens recorded a median house price of $620,000, and a median unit price of $415,000. This represents annual (Q3 2018 – Q3 2019) median price softening of -11.3% for houses and -11.6% for units. There has been a clear improvement over the past 6 months however, with median prices showing notably less severe softening, of -7.5% for houses and -1.6% for units. This suggests that confidence is returning, and the market is recovering.
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