Business
Sydney median house price surges $100,000 in three months – Sydney Morning Herald
Property values are defying the global pandemic as investors and first-home buyers battle it out, while experts say regulators could soon pull on the brakes.
Sydneys median house price has risen $100,000 since the new year began as property values defy a global pandemic, leaving investors and first-home buyers battling it out at auctions.
Property prices are surging in capital cities across the nation led by houses in Sydney, which jumped in value by 4.3 per cent last month on CoreLogic data to a new median of $1,112,671. At the start of the year the median Sydney house price was $1,015,354 and about half of the six-figure price growth recorded for the…
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