McGrath Report 2020

Page 49

CITY SPOTLIGHTS

MEDIAN HOUSE PRICE $723,634 MEDIAN APARTMENT PRICE $458,498 CORELOGIC, SEPTEMBER 2020

CANBERRA Canberra’s robust economy and unique job security placed it in a better position than other capital cities to ride out the initial impact of COVID-19. When home values fell in Sydney, Melbourne and Brisbane, Canberra bucked the trend with continued growth1, largely due to an incredibly low rate of infection – just 0.42% of the nation’s cases by October 20202.

McGRATH REPORT 2021

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