Lake Macquarie recorded a median house price of $617,050 and $456,550 for units in Q3 2017, representing an annual price change of 12.2% and 10.0%, respectively. The number of sale transactions have also increased for both houses and units, suggesting real capital growth in the area. Over the same period of time (Q3 2016 – Q3 2017) house prices in Lake Macquarie LGA grew by 7.7% to $560,000 and unit prices grew by 8.4% to $450,000.
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