QLD / Townsville (C) / 4800 / Cape conway

Cape Conway Property Data December 2021

Updated 15 December 2021

Cape Conway Property Sales Overview

The median property value in Cape Conway for December is $652,128.

Houses have increased by 1.48% for the month and decreased 0% for the year.

Rental demand is up with yields decreasing in February to 5.00%, from 5.02% 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 Cape Conway in December 2021?

The median property value for houses in Cape Conway is $652,128.

This is an increase of 1.48% ($642,612) from last month.

Median price looking back 12 months

How much does it cost to rent a House in Cape Conway?

Rent prices in Cape Conway are the highest they've been in 12 months at $552.

This is up 12.88% from a 12 month low of $489 in February 2021 and a 1.47% up from last month.

Rental cost looking back 12 months

What's the current rental yield in Cape Conway?

Rental yields for houses in Cape Conway have decreased in December for the 2nd consecutive month.

This is up from a 12 month low of 4.94% in September 2021 and down from a 12 month high of 5.16% in July 2021.

Rental yield looking back 12 months

How many properties sold in Cape Conway in February?

Total sales volume in Cape Conway 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.

Quarterly volume of sales looking back 5 years

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

23 days is the average time on market in Cape Conway in December, which is the same from 23 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.

Number of days on market looking back 12 months

Are properties selling below or above the listing price in Cape Conway?

December sees the vendor expectation error for Cape Conway at -0.5% which means, on average, places sold for -0.5% 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 -0.5% as things can move pretty quickly.

Vendor expectation error looking back 12 months
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