2017 Snapshot - MURRUMBA DOWNS
2017 Housing Market Update – #MURRUMBADOWNS
YTD Median Price of $470,000 unchanged on 2016. Are we seeing prices plateauing?
Median price has risen 19% since taking out the 2008 high’s in 2013.
Although the median is unchanged, the lower and higher end of the market has under performed with the three bedroom median down 7% and the five bedroom median down 6.4%.
There still seems to be a higher demand for the four bedroom market with the median currently 3% up.
The total number of sales in 2017 compared with sales numbers at the same time last year is down by 13%.
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Touch Residential is a real estate agency providing residential sales and property management throughout the north side of Brisbane including the suburbs of Aspley, Bald Hills, Boondall, Bracken Ridge, Bray Park, Brighton, Burpengary, Caboolture, Clontarf, Dakabin, Deagon, Deception Bay, Eatons Hill, Fitzgibbon, Griffin, Kallangur, Kippa-Ring, Lawnton, Margate, Mango Hill, Morayfield, Murrumba Downs, Narangba, North Lakes, Petrie, Redcliffe, Rothwell, Sandgate, Scarborough, Strathpine, Taigum, Woody Point, Zillmere.
