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Units give options for first home buyers

24/06/2010

Across Australia’s capital cities the median unit price is currently recorded at $410,000 which is $82,000 more affordable than the median house price. Based on rpdata.com analysis, on average, purchasers in New South Wales spent on average $350,444 on a unit. In contrast, property buyers in Tasmania sent on average $216,556. In Perth 36.1 per cent of unit sales were at or below $324,444.

Sydney has also performed very well with 35.0 per cent of all unit sales over the last 12 months priced below $350,444. Despite the fact that Canberra had the lowest proportion of affordable unit sales, The Jerrabomberra District along with the Kwinana Local Government Area (LGA) in Perth recorded every single unit sale over the last year within the affordable price ranges of $301,556 and $324,444 respectively.

Source: rpdata



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