Despite a variety of media reports both on the positive and negative side of the argument for how the property market is doing, there is definite evidence that property in the area is more affordable than it was in the past twelve months.
Sydney Olympic Park
7 Unit sales recorded in this period.
Highest $900,000 for a 2 bedroom
Lowest was $595,000 for a 1 bedroom
Median being $835,000
Average days on market in the 60+ range for the area.
Wentworth Point
44 Sales in Total
UNIT:
Highest $1,600,000 3br. 3 sales were recorded above $1m.
Lowest $502,000 1br
Median $711,000
Newington
HOUSE:
Highest $1,550,000 4br. 5 in total
Lowest $1,288,000 3br.
Median $1,340,000 3br.
UNIT
High $880,000 3br well down on last years median price $950K
Low $585,000 1br.
Median $705,000 2br.
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