Property prices ended 2017 on a high with the weighted average median price of the eight capital cities up 1.0 per
cent to $769,501, according to the latest research from the Real Estate Institute of Australia.
REIA Real Estate Market Facts for the December quarter 2017 showed prices increasing in all capital cities except for
Canberra down 2.7 per cent.
“The weighted average median price for other dwellings increased 0.6 per cent to $590,455 over the quarter, with
prices increasing in all capital cities except for Sydney down 0.4 per cent and Darwin sliding 7.4 per cent,” REIA
President Malcolm Gunning said.
Download the full media release here:
HOUSING AFFORDABILITY IMPROVES MARGINALLY IN THE MARCH QUARTER
CAUTION FOR BUILDING STIMULUS PACKAGE
DOOMSDAY HOUSING PRICE FORECASTS HIGHLY QUESTIONABLE
REIA News – May 2020
March Housing Finance Numbers a High Tide Mark
REIA BACKS FEDERAL GOVERNMENT’S TRACING APP
REIA News – March – April 2020
STATES AND TERRITORIES TO ORGANISE RENTERS AND TENANTS