EOFY Market Moves

The second half of the financial year saw the median Yamba house price rise

By Richard Hunt

05-07-2021

The second half of the financial year saw the median Yamba house price rise 17% to $793,000 - up from $675,000 seen over the prior 6 months. Units and duplexes saw an even more dramatic rise, up 27% to a whopping $685,000 median price. With the number of transactions also showing an increase there is certainly evidence that the market has moderated with more availability of stock being the primary driver. There is still buyer competition, although less so than before, which is no bad thing in the grand scheme of things, as healthy markets should not burn white hot for long. That said, excellent results and timely transactions can still be achieved. All you need to do is to employ a professional team to help get the buyers out there competing in the best possible way.