Business
Why are Australian home prices rising again and can it last? – Sydney Morning Herald
Don’t values drop when there’s a recession? What’s going on – and can the rise continue?
Normal text sizeLarger text sizeVery large text size
Australias Teflon-coated property market appears to have proved itself again. Despite the countrys first recession in nearly three decades, Aussie home values including houses and apartments ended 2020 a solid 3 per cent higher, according to CoreLogic data.
According to another report, the Domain House Price index released on January 28, the nations median detached house price hit a record high of $852,940 in the December quarter. Sydneys median…
-
Noosa News22 hours agoCommissioner thanks police officer who threw a speed radar at a car
-
Noosa News20 hours agoNo matter what happens in his Origin debut, history beckons for rookie maroon Robert Toia
-
Noosa News21 hours agoDefence investigation finds Taipan pilot’s actions possibly prevented further fatalities in crash
-
General18 hours agoDairy farmers devastated by floods across parts of New South Wales