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Success Market Update Q4 2023 Insights by Hanafiezs Qi is a document available to read on EtoBox.

What is Success Market Update Q4 2023 Insights about?

In Q4 2023, the Success market saw a median house price of $690,000 and a median unit price of $367,000, reflecting significant annual growth of 15.0% for houses and 9.6% for units. The area is experiencing high demand with limited supply, leading to increased property prices and a projected $115.8M in new developments commencing in 2024. Rental yields remain strong at 5.7%, with a low vacancy rate of 0.4%, indicating a stable rental market.

Author

Hanafiezs Qi

Language

EN