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Price Of Land Rises As Demand Falls

land Image by Nangyei

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.


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