Warrnambool house prices jump to $680,000 as auctions stall
Warrnambool median house price jumped three per cent to $680,000 in the September quarter despite weak auction activity.
Warrnambool house prices jumped three per cent to $680,000 in the September quarter, the first results released after federal changes to capital gains tax rules. Two auctions in town on Saturday showed weak bidding activity, with both properties passed in.
Port Fairy prices fell to $876,000 while Camperdown dropped 2.3 per cent to $498,500. Warrnambool rents remained steady at $600 per week.
The price rise follows two multi-million dollar residential sales in the region.
- $680,000
- Warrnambool median price
- 3% in September quarter
- Price increase
- $600
- Weekly rent
- $450,000 to $495,000
- Raglan Parade listing
Why it mattersThe data reveals mixed regional property signals despite broader shifts in investment tax policy and rising interest rates.
AustraliaVictorian property investors should watch for diverging trends in regional markets as new tax rules take effect.
✓ Claims checked against the source. checked 3 h ago
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