General
Top 25 Best & Worst Performing Areas for Median House Price Increases Over the Past 20 Years
Taking a look at the top and bottom performing council areas for median house price growth over the past two decades shows that Sydney and Melbourne have generally outperformed.
Over the 20 years to December 2016, median selling prices of houses nationally have increased at a compound annual rate of 7.2%, indicating that property prices have, on average, doubled over ten years. While the national growth rate is strong, the rate of growth has varied dramatically between the states and…
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