No change in median land value

The median land value in the Parramatta local government area in the period July 2006-July 2007 was $296,000, with no change over the previous period according to the official property estimates from the NSW Valuer General. Land values fell by up to seven per cent in areas such as Holroyd ($254,000), Blacktown ($184,000), Liverpool ($233,000), Campbelltown ($156,000) and Camden ($191,000). Values rose by 16.67 per cent in Penrith ($203,000), 7.95 per cent in Ryde ($475,000), 3.07 per cent in Fairfield ($235,000).
Woollahra overtook Mosman as the most expensive local government area, with its median land value reaching $1.19 million, up 13.3 per cent, compared to Mosman's $1.18 million, up 3.5 per cent.