Macalister Range Property Sales Overview
The median property value in Macalister Range for December is $583,701.
Houses have increased by 1.02% for the month and decreased 0% for the year.
Rental demand is up with yields decreasing in February to 4.58%, from 4.64% in January.
The number of properties sold this quarter is the same on last quarter from 0 to 0. This is the same on the 5 year quarterly average of 0 indicating no change in demand.
What's the median House price in Macalister Range in December 2021?
The median property value for houses in Macalister Range is $583,701.
This is an increase of 1.02% ($577,830) from last month.
How much does it cost to rent a House in Macalister Range?
Rent prices in Macalister Range went up by 0.93% in December to $540 compared to $535 in November, down from a 12 month high of $563 in October 2021 and up from a 12 month low of $498 in February 2021.
What's the current rental yield in Macalister Range?
Rental yields for houses in Macalister Range have decreased in December for the 2nd consecutive month.
This is the same from a 12 month low of 4.58% in December 2021 and down from a 12 month high of 5.05% in October 2021.
How many properties sold in Macalister Range in February?
Total sales volume in Macalister Range is 0, which is the same from 0 in the previous quarter.
This is the same as the weakest quarter in the last 5 years which was Q3 2021 with 0 sales and 0% the same than the strongest quarter in the past 5 years which saw 0 sales in Q3 2021.
How long did it take to sell a property in Macalister Range in February?
16 days is the average time on market in Macalister Range in December, which is the same from 16 in November and has been trending down since December 2020.
This can indicate a buyers market where sellers are finding it harder to make a sale.
Are properties selling below or above the listing price in Macalister Range?
December sees the vendor expectation error for Macalister Range at 1.8% which means, on average, places sold for 1.8% more than the listing price.
This is handy to know as a buyer to set your expectation and to give you a more realistic view of what you might expect properties to sell for on auction day.
It’s worth noting that in a hot market you might want to set your price expectations even higher than the 1.8% as things can move pretty quickly.
