The average Aussie house costs more than a million dollars.
Yep, you heard that right.
Capitals have increased by 256.2 per cent in 12 months and compared to this time a year ago, the average price has risen by 150k.
“Post-lockdown renewed seller confidence continued to buoy the volume of newly advertised homes for sale, soaring 27 per cent above the five-year average for the December quarter.”
“This catch-up played out across a record-breaking auction market with the highest volume of homes going under the hammer in a single quarter.”
The property market in QLD is booming, with house values reaching record highs. Prices are predicted to continually rise ahead of the 2032 Brisbane Olympic, with the biggest boost locally to be felt in the years leading up to the event.
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