By ERWIN CHLANDA
“This is the highest number of vacancies that we can recall,” says a fact sheet issued by the local franchise of L J Hooker.
The sheet includes an image of manager Doug Fraser who has been in the real estate business here for nearly four decades.
The announcement of more than “200 residential properties throughout Alice Springs advertised as being vacant” coincides with the construction of, or planning for, several developments which are in various stages (approximate numbers of dwellings): Old bowling club (70), former drive-in (70), Kilgariff (pictured; the first two stages – 80) and the eight story Melanka (170).
The “autumn 2015” sheet in the March quarter house sales have dropped from 128 to 79 and unit sales from 59 to 38, says the sheet.
Median house prices fell from $470,000 to $445,000 and median unit prices from $345,000 to $325,000.
Exceptions were media house prices increasing 7.1% in the Eastside to $527,500 and 6.3% in Larapinta to $408,250.
In the “upper price bracket” a Hillside Gardens home went for just over $1m and a rural property in Ilparpa Road for $1.08m.
The sheet says L J Hooker were “responsible for 38.5% of all sales volume for the quarter”.