PRD Whitsunday 2nd Half Report 2020

Published on: Aug 26, 2020

This PRD Market report, ‘PRD Whitsunday Market Update 2nd Half 2020’, includes the latest property market data wrap up that covers, up to and including the second half of 2020.

You can grab a copy of the current findings here

The property market in Whitsunday recorded a median house price of $462,000 and a median unit price of $275,000 in Q2 2020,
Annual median price from Q2 2019 - Q2 2020 four houses were stable, however, there was growth in units by 13.4%.
There was a decline in sales from Q2 2019 - Q2 2020 by -27.5% for houses (to 29 sales) and by -30.0% for units (to 28 sales).
As expected, there was a decline in demand due to COVID-19, but stable price growth for houses and an increase for units indicates a highly resilient market.
This is the perfect time to transact with less competition around.

Let our sales and support team experts assist you in your Whitsunday Real Estate Inquiries.

If you’re interested in planning to purchase a property, invest here in the Whitsundays, and learn more of our services, etc. feel free to contact us.

Call Annette Harm 0423 931 156 for more information.