In Q3 2019, Lake Macquarie recorded a median house price of $640,000, and a median unit price of $482,500. This represents annual (Q3 2018 – Q3 2019) median price softening of -1.7% for houses and growth of 6.0% for units. At the same time total house sales slightly slowed, by -1.7% (to 172 sales), while units increased by 34.2% (to 80 sales). Now is an ideal time to transact as there is a strong unit market and more affordable houses for first time home buyers.
Join Up or Sign In to access this article and many more.
