Domain House Price Report December Quarter 2019
Fhfa s seasonally adjusted monthly index for december was up 0 6 percent from november.
Domain house price report december quarter 2019. Domain s december quarter house price report shows sydney house prices fell 3 2 per cent over the quarter and 11 4 per cent from the mid 2017 peak to 1 06 million last month. The report says the median house price in the kiama lga as of june 2019 was 822 500. The december quarter posted the steepest quarterly price. August 2 2019.
House prices rose in the fourth quarter of 2019 up 1 3 percent according to the federal housing finance agency fhfa house price index hpi. Canberra has yet again trumped sydney s house rental price as the most expensive city in the nation according to the domain rental report for the december quarter 2019 released on thursday. Statistics jersey house price index second quarter 2019 3 individual property types 2 bedroom flats the mean prices for 2 bedroom flats are shown in figure 4. Domain report looks at the.
Property prices in australia are almost back to peak levels according to domain s december 2109 house price report. Figure 4 mean prices 000 for 2 bedroom flats q1 2002 to q2 2019 during 2008 and 2009 the mean price was relatively stable at around 320 000. House prices rose 5 1 percent from the fourth quarter of 2018 to the fourth quarter of 2019. Domain s house price report for the december 2019 quarter reported that the average house price in sydney is 1 142 212 and the average unit price in sydney is 735 387.
Melbourne s house prices rose 5 per cent in the last three months of 2019 bringing melbourne s median house price to 901 951. The lower north shore city and eastern suburbs command the highest house prices in sydney while the lowest average house prices can be found in south west and western sydney. Domain house price report. Now just a whisker below the record of 908 734 set in the december quarter of 2017 new peaks in melbourne property prices should be reached soon.
Prices have experienced modest growth in melbourne hobart and canberra in recent months and fell less sharply in almost every other capital. The data showed canberra s median asking rent for houses was 580 per week up 3 6 per cent year on year and 5 5 per cent over the quarter the biggest jump in the nation. Find out how the market is performing. Domain house price report.
Subsequently the mean price.