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PRD  →  Research Hub  →  Hervey Bay PRD Market Update 2nd Half of 2019

Hervey Bay PRD Market Update 2nd Half of 2019

In Q3 2019, Hervey Bay recorded a median house price of $364,000, and a median unit price of $240,000. This represents annual (Q3 2018 – Q3 2019) growth of 1.8% for houses and -15.8% for units. Total sales slowed in Q3 2018-Q3 2019, by -22.9% for houses (307 sales in Q3 2019) and by -24.2% for units (69 sales in Q3 2019). There has been less stock in the market, thus low listing figures. With growth in median house price now is an ideal time to transact.

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