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Sydney house prices reach record high, outstrip pre-pandemic levels – Domain News

Sydney’s housing market has done more than bounce back from COVID-19 – it’s surpassed the previous record price, reaching a new median of more than $1.21 million….

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Sydney house prices have reached a record high and outstripped pre-COVID-19 prices by nearly $50,000, with median prices jumping by six figure sums across in-demand pockets, new data shows.
Sydneys median house price is now a whopping $1,211,488 after surging by 4.8 per cent during the December quarter alone, the latest Domain House Price Report, released on Thursday, revealed.
This well surpasses Sydneys pre-pandemic house price median of $1,161,864, and tops the property markets mid-2017 price…

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