Lot prices up 32 per cent

URBAN Development Institute of Australia figures for the December 2005 quarter show lot prices in the Perth metropolitan area increased by 6.2 per cent since last quarter and 32 per cent since December last year. The figures show the value of lots increased 10 per cent more than those for established house prices, which were up 22.5 per cent for the same period, during the past year.

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