Business
House prices have hit record highs in all but two capitals – but it’s the outer city regions that are really booming – Business Insider Australia
Australia’s property market has roared back to life as prices return to record highs.
- Australian house prices have broken new records in every capital city bar Darwin and Perth.
- The median house price in Sydney now sits at $1.21 million, while Hobart house prices soared 12.5% last year.
- However, it is outer city regions that are having their time in the sun, with areas like the Gold Coast, the Sunshine Coast, the Mornington Peninsula, the Central Coast and the Blue Mountains all growing quickly as buyers look for a lifestyle change.
- Visit Business Insider Australia’s homepage for more…
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