Monday, October 16, 2017

House prices in New England 2017

 Interesting piece by Jennifer Duke and Kate Burke in Allhomes, Out of breath': Newcastle, Wollongong join Sydney property price downturn. I have referenced it here because it includes housing price data for twelve New England locations over the last twelve months.

The results, summarised in the following table, show changes in the median house price for regional NSW. Armidale Dumaresq (1.7%) had the lowest percentage increase in New England, Ballina (14%) the highest.The table also provides an interesting snapshot of differences in median house prices.


Sept. 2017
June 2017
Sept. 2016
Quarter growth
Annual growth
Albury
$310,000
$299,500
$305,000
3.40%
1.60%
Armidale Dumaresq
$356,000
$356,250
$350,000
-0.10%
1.70%
Ballina
$621,250
$577,000
$545,000
7.10%
14.0%
Bathurst
$429,000
$417,000
$390,500
2.80%
9.90%
Byron
$820,000
$850,000
$757,500
-3.70%
8.30%
Clarence Valley
$380,000
$360,000
$338,000
5.30%
12.40%
Coffs Harbour
$485,000
$485,000
$431,000
0.00%
12.50%
Dubbo
$350,000
$340,000
$365,000
2.90%
-4.10%
Eurobodalla
$455,000
$450,000
$420,000
1.10%
8.30%
Great Lakes
$492,500
$515,000
$438,500
-4.60%
12.30%
Lismore
$370,000
$375,000
$340,000
-1.40%
8.80%
Newcastle
$595,000
$610,000
$525,000
-2.50%
13.30%
Orange
$366,500
$370,000
$348,000
-1.00%
5.30%
Port Macquarie- Hastings
$520,000
$500,000
$465,000
3.80%
11.80%
Richmond Valley
$275,000
$271,750
$250,000
1.20%
10.00%
Shellharbour
$650,000
$635,000
$557,000
2.30%
16.70%
Shoalhaven
$545,000
$525,000
$456,250
3.70%
19.50%
Tamworth Regional
$349,000
$340,000
$325,000
2.60%
7.40%
Tweed
$573,500
$579,750
$519,000
-1.10%
10.50%
Wagga Wagga
$350,000
$345,000
$322,750
1.40%
8.40%
Wingecarribee
$750,000
$800,000
$765,000
-6.70%
-2.00%
Wollongong
$740,000
$754,000
$649,500
-1.90%
13.90%
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