Illawarra a strong performing housing region: CoreLogic RP Data

CoreLogic RP Data says the Illawarra housing market was a region that had been a strong performer over 2014.

Sales activity across the region is currently sitting 7% above the five year average and median house values have risen by 8.2% over the 12 months to December 2014, while unit values are up 8%.

There were 6,377 Illawarra homes sold over the 12 months to November 2014, just slightly more than the 6,346 homes sold over the preceding year.

Key stats across the region including vendor discounting levels and average time on market had also improved over the year. 

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