Two weeks ago we looked at how the market performed the financial year just gone compared to the previous. Across the area as a whole the market was up 20.1% on a median basis and the average price rose 12.7%.
Drilling down into the individual areas gives sample sizes in some suburbs that are too small to be meaningful. For example the median price for Killcare Heights fell 8% whereas the average rose 8%. However it is clear that the best performing suburb was Hardys Bay. The median price rose 30% and the average 35%. It looks like “bayside” might be closing the gap on “beachside”.