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A Merry Market Update | December 2022 Market Update

On behalf of all the team at Coastwide First National, I’d like to wish you a Merry Christmas and a happy and safe New Year.

As a brief snapshot of our year to date, we have sold over 60 properties in 2022, with the median sale price at $780,000. Our average days on market sits at 50. We also currently have just over 20 houses for sale on the market.

Our highest sale price in 2022 was at 449 Old Maitland Road in Jilliby for $2.2m. Our highest residential sale price occured in June at 30 Washpool Crescent in Woongarah for $1,212,500, Our largest unit sale occured on Warner Avenue in May for $400,000.

On the rentals side, our property managers have leased more than 132 properties this year, with the median days advertised for rent at 15.5.

Thank you again for your ongoing support throughout 2022 and we look forward to a successful year in 2023.

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