City Beach Market Report
QUARTER THREE 2024
Market Update
As the spring selling season progresses, the property market continues to show strong activity, with increased sales volumes and national property values holding steady in growth territory.
Nationally, properties have recorded a consistent 0.2% monthly gain, and units have edged up by 0.1%, reflecting ongoing buyer demand. The expansion in available listings has energized the market, creating a vibrant environment for sellers to attract motivated buyers, and City Beach buyers remain eager to secure their place in the market.
The median house price has risen this quarter from $2,760,000 to $2,900,000 and despite days on
market increasing across the metro area, City Beach days on market have decreased to 21 days.
Spring selling remains strong even as Christmas approaches! And we are gearing up for an amazing start to 2025.
Emma Milner
0421 213 000
emma.milner@raywhite.com
$2.9M CITY BEACH MEDIAN SALE PRICE*
27 CITY BEACH PROPERTIES SOLD Q3 2024*
13.4% CITY BEACH SALE PRICE ANNUAL GROWTH*
24 CITY BEACH HOMES CURRENTLY ON THE MARKET*
21 CITY BEACH HOME MEDIAN DAYS ON MARKET* $1300
CITY BEACH MEDIAN RENTAL VALUE*
Q3 2024 Sales
emma.milner@raywhite.com