Rockhampton's median house price falls: REIQ

Rockhampton's median house price falls: REIQ
Rockhampton's median house price falls: REIQ

Despite some promising signs in the September quarter, the December quarter brought more pressure on the Rockhampton median house price, according to REIQ's latest report.

This resulted in a fall of 5.9% to $273,000 over the final quarter of 2016.

The Rockhampton house market has declined by 5.2% this year and 10.8% over five years and is now the most affordable market measured in the QMM report.

The unit market was too small to record a median unit price; with just 16 transactions this is not a meaningful sample size.

A two bedroom house at 73 Eton Street, West Rockhampton (above) has been listed for $275,000.

Similarly a two bedroom house at 46 Jardine Street, West Rockhampton (below) has been listed for $259,000.

Rockhampton's median house price falls: REIQ

 

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Reiq Rockhampton

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