Oct
26
Sydney, Melbourne House Prices Rise to Record as Perth Falls
By-
Growth defies calls Australia housing boom has passed its peak
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Median house price in Sydney climbs to A$1.068 million
Sydney and Melbourne house prices rose to a record last quarter, suggesting the nation’s property boom isn’t over yet.
The median house price in Sydney, the nation’s biggest city, rose 2.7 percent in the three months ended Sept. 30 to A$1.068 million ($822,000), real-estate listing firm Domain said in its quarterly house price report. Melbourne’s median house price jumped 3.1 percent to a record A$773,669….
Sydney, Melbourne House Prices Rise to Record as Perth Falls
