Meadow Springs closed out the year with stable pricing and extremely limited stock.
SALES
The median house price held at $735,000, unchanged over the month and up 7.3% over 12 months. Nine
house sales were recorded in December, reflecting a seasonal slowdown.
LISTINGS
Six houses were listed for sale during the month. While unchanged month on month, listings are down
82.4% compared to the same time last year, keeping buyer choice highly constrained.
LAND
Vacant land recorded a median price of $355,000. While prices eased 10.1% over the month, land values
remain 22.4% higher over 12 months, supported by limited availability.
SALES TIME ON MARKET
Houses sold quickly, with a median of five days to sell, highlighting strong buyer urgency when properties
are well priced.
RENTALS
The median weekly rent held at $650 per week, up 8.3% over 12 months. Twelve properties were leased
during December, representing a strong lift in leasing activity.
RENTALS TIME ON MARKET
Rental properties leased in a median of 22 days, reflecting steady tenant demand despite seasonal
conditions.
Related Posts
The Wannanup property market continued to sit above the $1 million mark during August, recording a median dwelling price of…
The South Yunderup property market recorded a median dwelling price of $800,000 during August, 7.5% higher than 12 months earlier….
The Silver Sands property market recorded a median dwelling price of $908,000 in August. Five sales were recorded, while just…
Curious to know what your property is worth?
One of our agents will visit your property to provide a professional, obligation-free market appraisal