Business
$8 trillion: Australian property market hits all-time high – Yahoo Finance Australia
The national property market is bigger than Australian GDP, the ASX, and Aussie superannuation – combined.
The Australian property market has hit an all-time high. (Source: Getty)
The total value of Australias residential property market has reached its highest point in history, surpassing $8.1 trillion for the first time.
Consecutive months of consistent price growth across every major city and region in Australia has led to the new record high, with many markets now at their peak, fresh CoreLogic analysis reveals.
The Australian dwelling market has reached fresh record highs for the past four months,…
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