Land lot prices rising despite shrinking lot sizes

Australia’s median land lot size shrank to from 422 to 420 square metres in 2018, but that didn’t stop the median lot price from rising around the country.

Price-rise expectations hit two year low

Aussies expect prices to rise by only 4% per annum over the next two years – the lowest this expectation has been since November 2016.

Average Aussie home price falls to $651,100

The average residential dwelling price in Australia fell $15,700 in the December 2018 quarter, largely driven by price falls in Sydney and Melbourne.