1 minute reading time
Price Of Land Rises As Demand Falls
The price of land for new residential building has continued to rise despite a fall in demand, new figures reveal.
The March 2019 edition of the HIA-CoreLogic Residential Land Report shows that in the September 2018 quarter, land lot prices across Australia rose 0.8 per cent to reach $279,949. Over the same period, the number of lots sold fell by 16.2 per cent.
SEE FULL ARTICLE HERE