Melbourne house prices up, new house building down in QLD

Melbourne house prices up, new house building down in QLD

Construction is in full swing on the new Melbourne house market, with the average price of a house in the state up to $3.25 million.

The average price in Qld was $2.94 million, up from $2 million in the previous quarter.

The rise comes as a number of other Australian states have seen house prices surge, including Western Australia and the ACT, while Queensland and the Northern Territory have seen a decrease.

Topics:housing-industry,home,property,property-management,wealth-and-province,qld,australiaFirst posted October 05, 2018 16:58:47Contact Alex O’ConnellMore stories from Queensland

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