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:
REIA urges Victorian Government to safely restart Australia’s second biggest property market
Pandemic makes moderate impact on property: June Real Estate Market Facts
July Housing Finance Continues COVID Rollercoaster
Response to Tasmanian Government’s moratorium decision
Best rental affordability results since 2007: REIA
FIRST HOME LOAN SCHEME A WIN FOR BUYERS IN CITIES AND REGIONS
HOME OWNERSHIP FOR FIRST HOME BUYERS CRITICAL TO BUDGET 2020
REIA News – August 2020