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Julatten Property Data December 2021

Updated 15 December 2021

Julatten Property Sales Overview

The median property value in Julatten for December is $515,734.

Houses have increased by 1.34% for the month and decreased 0% for the year.

Rental demand is up with yields increasing in February to 6.51%, from 6.32% in January.

The number of properties sold this quarter is down on last quarter from 11 to 1. This is down on the 5 year quarterly average of 19 indicating weaker demand.

What's the median House price in Julatten in December 2021?

The median property value for houses in Julatten is $515,734.

This is an increase of 1.34% ($508,897) from last month.

Median price looking back 12 months

How much does it cost to rent a House in Julatten?

Rent prices in Julatten are the highest they've been in 12 months at $531.

This is up 9.26% from a 12 month low of $486 in March 2021 and a 1.14% up from last month.

Rental cost looking back 12 months

What's the current rental yield in Julatten?

Rental yields for houses in Julatten is 6.51%.

This is up from a 12 month low of 5.91% in April 2021 and down from a 12 month high of 6.63% in October 2021.

Rental yield looking back 12 months

How many properties sold in Julatten in February?

Total sales volume in Julatten is 1, which is down from 11 in the previous quarter.

This is the same as the weakest quarter in the last 5 years which was Q4 2019 with 1 sales and -90.00% weaker than the strongest quarter in the past 5 years which saw 10 sales in Q2 2020.

Quarterly volume of sales looking back 5 years

How long did it take to sell a property in Julatten in February?

37 days is the average time on market in Julatten in December, which is the same from 37 in November and has been trending down since October 2021.

This can indicate a buyers market where sellers are finding it harder to make a sale.

Number of days on market looking back 12 months

Are properties selling below or above the listing price in Julatten?

December sees the vendor expectation error for Julatten at -1.6% which means, on average, places sold for -1.6% less than the listing price.

This is a great sign for buyers looking to negotiate.

It’s worth noting that in a hot market you might want to set your price expectations even higher than the -1.6% as things can move pretty quickly.

Vendor expectation error looking back 12 months
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