McDowall Property Market update
Median Sales Price
Property prices in McDowall have performed strongly over the past 12 months.
The median sale price for McDowall for houses is currently $902,500, having risen 27.1% over the past 12 months from $710,000.
There have been 125 properties listed for sale over the past 12 months. This is lower than the same time last year when there were 135 listings and shows that we have fewer sellers coming onto the market than for the same time last year. On the sales side, 142 properties sold over the past 12 months compared to 122 for the previous year.
The current time on market for a house in McDowall is 7 days. This timing is shorter than a typical 4 week auction campaign.
For units, the median sales price is $451,250. Apartment have performed strongly by 14.2% over the year. Units in McDowall typically sit on the market for 13 days.
Property market data can sometimes seem overwhelming. If you need help understanding what these numbers mean for you and how to interpret them for your own property goals, please don’t hesitate to get in touch with one of the Hicks Real Estate team.
|Suburb||Median House Sale Price||Median Unit Sale Price|
Quarterly Median Trend
House prices are on the rise. Find out the value of your property now.
Get a free online property report from Hicks Real Estate. It takes seconds.