Canberra has the highest real-estate-agent fees on a median-priced house of any capital city, according to the Prices Surveillance Authority.
The authority issued a preliminary report on the industry yesterday.
Canberra’s median house price was $145,000, it said. The commission was $5365. That was 58 per cent higher than in Melbourne where the price was $137,100. It was higher than in Sydney, even though the median price there was a much higher $180,400. See table.
The ACT was second highest when comparing a $150,000 in all states and territories. Only South Australia was higher. The commission in the ACT was $5500 compared with Victoria $3660 and NSW $4100. South Australian was $5940.
Continue reading “1992_07_july_re”